Consultants: Deloitte Cuts Jobs in Sustainability Auditing - Handelsblatt
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Düsseldorf. Just two years ago, it was considered a new boom business for German auditors: auditing companies' sustainability reports – a lucrative additional service alongside the usual balance sheet attestations. But now, the teams and departments that were initially significantly expanded are being thinned out, as is evident at number two, Deloitte. Up to 40 jobs are being cut in the "Sustainability Assurance" unit there, as Handelsblatt learned from company circles. This affects around 30 percent of the employees there. Primarily affected are young employees who were specifically hired for auditing sustainability reports. Deloitte is now offering them severance packages so they leave the company, it was further stated. » Read also: Will there soon be no entry-level jobs due to AI? In so-called sustainability reports, companies must detail what efforts and successes they have achieved in climate protection, equality, and good corporate governance. Auditors are supposed to check these sustainability data as a neutral authority. Where they are not engaged as auditors, the teams advise companies on drafting the reports. Deloitte confirmed, upon request, the reduced staffing needs in the business. The company did not comment on the number of job cuts. Deloitte emphasizes that the reason for the adjustment is an EU decision that affects the entire market and is not limited to...
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