<ul><li>Deloitte initiates its largest global reorganization in a decade, aiming to streamline operations and curb costs amid anticipated market slowdown.</li><li>The firm will condense its main business units to four from five, focusing on audit and assurance; strategy, risk and transactions; technology and transformation; and tax and legal. CEO Joe Ucuzoglu emphasizes simplifying the firm's structure to enhance client engagement and productivity, with potential changes at partner levels.</li><li>This move follows Deloitte's decision against splitting audit and consulting divisions. The overhaul is projected to conclude by June 2025, with a focus on modernizing and simplifying the firm's strategic approach.</li></ul>

Deloitte launches biggest reorganisation in a decade to cut costs

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