EY Preparing to Cut UK Jobs Amid Slowing Demand for Services
The EY offices in London.
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Ernst & Young LLP is planning to cut jobs in the UK as a challenging market environment crimps appetite for professional services.
EY’s UK financial services consulting practice “has taken measures to align current resourcing requirements with market demand,” the company said in an emailed statement. “Regrettably, a group of employees in this part of the business are now subject to a redundancy consultation process.”