Why did Deloitte cut jobs in Australia?

Deloitte cut about 170 jobs because of a sustained shift in client demand and a broader market decline in advisory work. Deloitte is now reallocating resources toward its managed services division to secure more stable, recurring revenues.

What is the revenue target for the outsourcing division?

Deloitte stated that its strategy aims to triple its managed services division to reach $1 billion in revenue by 2030. In the 2025–26 period, Deloitte generated $2.55 billion in total revenue, driven by tax, legal, and technology work.

How many employees are affected by the workforce changes?

Deloitte made approximately 170 staff redundant, representing 2% of its roughly 11,000 non-partner workforce in Australia. However, Deloitte is currently hiring for more than 500 open roles in technology, data, cybersecurity, taxation, and legal.

What is driving the market shift toward managed services?

Deloitte and its competitors face a slowing advisory market caused by ethical scandals and artificial intelligence automation. Deloitte estimates artificial intelligence will automate one-third of routine consulting tasks, prompting major firms to pivot toward long-term outsourcing contracts.

How does this decision affect the broader Australian consulting market?

Deloitte is part of a wider industry move across Australia where accounting firms are competing for stable outsourcing revenues. Competitors are building multi-million-dollar operations, utilizing local Australian staff alongside lower-cost international hubs.

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Deloitte Australia cuts 170 jobs amid outsourcing shift

Written by Brie CarterPublished Oct 18, 2026, 10:15 PM

Deloitte cut about 170 Australian jobs while planning to hire more than 500 professionals for its outsourcing division.
The firm generated $2.55 billion in revenue during the 2025–26 period as tax, legal, and technology work offset advisory declines.
The company stated that the strategy aims to triple its managed services division to reach $1 billion in revenue by 2030.

Deloitte has axed about 170 Australian jobs while planning to hire more than 500 professionals for its outsourcing division.

The redundancies represent about 2% of the firm's roughly 11,000 non-partner workforce across Australia.

A spokeswoman for the firm stated that the move was due to a sustained shift in client demand.

"Like all businesses, we regularly review our workforce needs and have taken considered action where there has been a sustained shift in client demand," said Deloitte spokeswoman.

The firm generated $2.55 billion in revenue during the 2025–26 period as increased tax, legal, and technology work offset declines in audit and deals.

The cuts reflect a broader industry push by major accounting firms to capture stable, recurring revenues from managed services.

Firms across the sector face a difficult advisory market due to declining demand from ethical scandals and artificial intelligence automation.

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