Deloitte cuts 170 jobs as it targets $1 billion in outsourcing revenue

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  "detected_at": "2026-10-19T08:03:56+00:00",
  "company": {
    "name": "Deloitte",
    "domain": "deloitte.com"
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    "url": "https://anz.peoplemattersglobal.com/amp/news/strategic-hr/deloitte-cuts-170-jobs-as-it-targets-dollar1-billion-in-outsourcing-revenue-52816",
    "title": "Deloitte cuts 170 jobs as it targets $1 billion in outsourcing revenue - People Matters Global",
    "excerpt": "Deloitte is set to cut around 170 jobs in Australia as the professional services firm shifts its focus towards outsourcing and managed services, according to a report by the Australian Financial Review (AFR). The planned redundancies account for around 2% of Deloitte Australia's non-partner workforce. Employees were informed of the cuts this week, which are expected to affect roles across the organisation amid sustained changes in client demand. A Deloitte spokesperson said, “Like all businesses, we regularly review our workforce needs and have taken considered action where there has been a sustained shift in client demand,”. The job cuts come as Deloitte expands its outsourcing business, with plans to recruit more than 500 employees across technology, data, cybersecurity, taxation and legal services. The division manages back-office functions, including finance, using employees in Australia and lower-cost delivery hubs in India. According to the AFR, Deloitte aims to triple the size of the division and generate $1 billion in revenue by 2030, signalling a strategic shift towards managed services and recurring revenue streams. Big Four firms expand outsourcing operations Deloitte's restructuring comes as professional services firms increasingly look to outsourcing and managed services for growth amid changing client requirements and pressure on traditional consulting...",
    "summary": "Deloitte Australia reported revenue of $2.55 billion in 2025-26.",
    "location": "Australia",
    "planning": false,
    "confidence": 0.95,
    "published_at": "2026-10-19T08:03:56Z",
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        "country": "Australia",
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    "article_sentence": "Deloitte Australia reported revenue of $2.55 billion in 2025-26.",
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