NWSLV News: FirstFT: EY Germany to axe hundreds of jobs in post-Wirecard cut - 26th Jan 2023, 4:33pm

[annb0t]

EY Germany is planning to cut 40 partners and shed 380 staff as the Big Four firm attempts to improve profitability after the damage caused by the Wirecard scandal. Most of the job cuts are aimed at reducing back-office costs at the German business, one of the largest in EY’s 150-country operations, four people familiar with the matter told the Financial Times. The majority of the 40 partners heading for the exit are in the firm’s audit practice, accounting for about 5 per cent of the ...

>>> Read more: FirstFT: EY Germany to axe hundreds of jobs in post-Wirecard cut