Layoff Watch ’26: Deloitte’s Cutting Tax People. Yes, in January

Deloitte building exterior with scissors overlay

Sure as hell didn’t expect our first layoffs of 2026 to come this early and definitely not in tax and definitely not senior managers on top of it but here we are. Tip that just came through:

Tax layoffs at Deloitte. Multiple senior managers at my office (East Coast) were laid off. Reason given was just business performance/cost.

Our tipster followed up to say people are feeling blindsided. “It was SMs that had a lot of work too so their teams are feeling very stressed,” they said.

There’s also been some buzz on Reddit:

Wonderful start to the year.

We’ll let you know if we can get numbers. If anyone wants to share more details or simply vent, you may email or text us anytime.

19 thoughts on “Layoff Watch ’26: Deloitte’s Cutting Tax People. Yes, in January

  1. They’re just making sure they start off the year with the “right” team.

    On a serious note why would you let go of tax people in January? I get April, May, or June…but January? Did Deloitte lose a ton of business or did they just go on a hiring spree in India?

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    1. this is not tax or audit – the months that you state are not central to consulting services. Government mandates are shrinking in size and profitability metrics.

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  2. It’s cheaper to hire new accountants in India than in the United States, and the quality difference is negligible. People complain about affordability but when faced with the reality of purging domestic jobs, people get so incensed. Until we see more quality within the US, this trend will continue.

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      1. Don’t let your privilege expose your xenophobia. Instead, just sip your Bud and watch some professional wrasslin’.

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        1. Truth hurts huh?

          Stating the obvious about low quality Indian work is not, ahem, “xenophobia”.

          It’s fact.

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      1. Obviously you have never dealt with the American Gan Zers who have never found a deadline that they could meet.

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      2. Bruh. Is your Chinese made iPhone substandard? What about your Mexican made Toyota? Vietnamese made TV? It’s a global economy. You are really going to say that any accountant who is Indian is substandard? India has 350 billionaires, 3rd largest in the world. Go to any country in the world and you will find princes and paupers. The problem with the Big 4 and many US accounting firms is they get what they pay for and they don’t give two craps about their employees. Top Indian talent is no cheaper than US talent and these firms are hiring the absolute cheapest labor they can find or working people as hard as they can. Anyways, bruh. None of this matters. AI (Another Indian) will simply get replaced with AI or if AI is bullcrap then another country with lower labor costs. If you are a true manager you can work with anyone from any country. Is the problem the teacher or the student? Anyways, accountants gonna be accountants (cheap AF).

    1. > and the quality difference is negligible.

      Said nobody onshore ever who has had to eat hours fixing the offshore deliverable.

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      1. Gen Zers offer little to no quality at all. For those of us with brains, it’s economically prudent to hire from India than hire the domestic/entitled talent.

  3. I think they are hiring from India at very low CTC from top colleges IIT’s.
    They will give rigorous training, then work with low increment and few promotion, after few years reasons and last “Layoffs”.
    Repeat hiring and so on…..

  4. They are laying off people who is not on the PPMD track. No point of keeping heavy career SM if new talent is making to SM level.

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  5. Welp this makes sense now, Deloitte just announced plans to hire 50K employees in India…when is India gonna wake up because their working conditions are the stuff of nightmares.

  6. That’s offshoring … People in india work for 20% of the cost, don’t b*tch around for wanting to bring their pets to the office or needing a real purpose in their job and do the work 90% as good.

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