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Consulting downturn bites as big four partner exits speed up

Edmund Tadros

The big four consulting partnerships have shrunk for a second consecutive year, as leaders seek to offset lower demand for advisory services to maintain average partner profits.

Australian partner numbers across Deloitte, EY, KPMG and PwC are down 15 per cent, or 500, to almost 2900 partners in the two years since the 2023 peak.

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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.au

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    Original URL: https://www.afr.com/companies/professional-services/consulting-downturn-bites-as-big-four-partner-exits-speed-up-20250629-p5mb5r