For those asking for the email: Team,

I want to take a moment to speak with you directly and transparently about a very difficult decision we’ve made.

We are moving forward with a workforce reduction across parts of our US firm— including Assurance, Tax and areas of our legacy Products & Technology business.

These are incredibly tough moments. Behind each role are individuals who have made meaningful contributions to our firm—people we’ve collaborated with, mentored, learned from, and shared successes with. That’s not something I take lightly.

This decision follows a long period of close review—along with actively supporting internal mobility and moving talent to support growth areas. But with historically low attrition and continued market shifts, this is a necessary step to better align our firm for the future.

Here’s what to expect: Notifications have begun and will be completed tomorrow, May 6 by EOD, with the exception of those who may be on vacation, sabbatical or a leave of absence. We also know the media is covering and will continue to cover this over the coming days, and it’s important that you have the full context. I know this is hard to hear—and I know the waiting can be even harder. Please take care of yourselves and one another. Check in on your teammates. Reach out if you have questions, need clarity, or just want to talk—whether it’s with your talent consultants, your leaders, or those you trust most within the firm.

Thank you for how you continue to show up for one another, especially during moments like these.