<ul><li>EY Germany announces plans to reduce 40 partners and 380 employees to improve profitability following the impact of the Wirecard scandal.</li><li>It plans to cut jobs, focusing on reducing back-office costs to improve profitability in one of its largest global operations.</li><li>The majority of the 40 partners being cut are from the audit practice, and the cuts represent about 5% of the 800 equity and salaried partners within EY's German business.</li></ul>

EY Germany to cut jobs in effort to improve profitability post-Wirecard scandal

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