Deloitte, one of the ‘Big Four’ companies, has reportedly been the hardest-hit consultancy firm following the crackdown by billionaire Elon Musk’s Department of Government Efficiency (DOGE) on private federal contracts. Since January this year, DOGE has either terminated or modified 127 federal contracts with Deloitte, leading to an estimated $371.8 million in taxpayer savings.
A big blow for the firm, Deloitte reportedly faces more than double the number of contract eliminations compared to other consultancies.
Musk-led DOGE impact
The largest of these contract terminations, valued at $51 million, was for IT services provided to the Department of Health and Human Services. Additional impacted agencies include the Centers for Disease Control and Prevention (CDC), National Institutes of Health (NIH), and the Environmental Protection Agency (EPA). As a result, Deloitte's Government and Public Services division, which employs over 15,000 people, has already seen workers pulled off projects, with layoffs expected to follow.
Among other consultancy firms, Booz Allen Hamilton saw 61 contracts canceled, amounting to $207.1 million in savings, while Accenture had 30 contracts terminated, totalling $240.2 million in savings. IBM faced the removal of 10 contracts, valued at $34.3 million in savings.
However, Deloitte’s losses are the most severe, with more than double the number of contract cuts than any other firm.
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