Connected
Jun 1, 2023 - 15 min
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Accountancy firm faces further turmoil: what's next for EY?
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By Connected
Stay connected with the biggest global stories in business and tech. Presented by Karleen Leveille, every weekday on Curio. In today's episode... Turmoil at EY torpedoed its plans to split its consulting and tax businesses. So, what's next for the Big Four accounting firm? Bloomberg breaks down its new $500mn cost-saving strategy and the shortcomings of its current partnership model. Then, how can EY simplify its business model and drive savings over the next 12 months? The Financial Times discusses how the firm's decision to ditch the split will free up capital, accelerate decision-making and reduce complexity.
