Deloitte Reveals Hiring Plans

Global accounting firm Deloitte Touche Tohmatsu plans to hire 250,000 workers during the next five years, reports the Financial Times.


Deloitte has increased its headcount by 40% since 2005. During the same period, the organisation reduced aggregate employee turnover by 4 percentage points. Today, the company employs approximately 170,000 professionals. Over the next five years, it plans to hire 50,000 workers every year.


According to a statement issued by Deloitte, the company's revenues grew 1.8% to US$26.6 billion for the fiscal year ended 31 May 2010. A 15% increase in member firms' consulting revenues, led by a 19% growth in the strategy and operations service line and a 33% growth in technology integration, helped to offset small declines in other businesses, whose results were primarily affected by modest reductions in rate per hour. The recent acquisition of BearingPoint's North American public sector practice contributed to the firm's overall performance, says Deloitte.



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