{"id":1000896028,"date":"2024-05-21T10:54:50","date_gmt":"2024-05-21T14:54:50","guid":{"rendered":"https:\/\/www.goingconcern.com\/?p=1000896028"},"modified":"2024-05-21T10:54:50","modified_gmt":"2024-05-21T14:54:50","slug":"layoff-watch-24-grant-thornton-does-350-people-a-favor","status":"publish","type":"post","link":"https:\/\/www.goingconcern.com\/layoff-watch-24-grant-thornton-does-350-people-a-favor\/","title":{"rendered":"Layoff Watch ’24: Grant Thornton Does 350 People a Favor"},"content":{"rendered":"\n

We knew this was coming. Two months after the news hit that Grant Thornton is selling a majority stake to private equity firm New Mountain Capital<\/a>, GT is laying off about 350 people according to an article published by Wall Street Journal<\/em> late yesterday<\/a>.<\/p>\n\n\n\n

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The Chicago-based firm is in the process of notifying the workers this week, people familiar with the matter said. The cuts, equating to 3.5% of the U.S. workforce, span advisory, audit and tax up to the level of managing director, the people said.<\/p>\n\n\n\n

Grant Thornton has made targeted staffing adjustments to address evolving demand in select business segments, the firm said in a statement. \u201cThe firm continues to invest and grow its team, and is on track to deliver another fiscal year of strong performance,\u201d the firm said.<\/p>\n<\/blockquote>\n\n\n\n

Yeah you better have a fiscal year of strong performance.<\/p>\n\n\n\n

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