Grant Thornton has recently made the decision to lay off around 150 employees in the United States, which accounts for approximately 1.5% of its total workforce of about 9,700 individuals.

The job cuts will impact various sectors within the company, including advisory, tax, and audit services. Mark Margulies, the national managing principal for US tax services, has stated that these layoffs are part of a strategic move to align with market demand and to reallocate resources from areas where growth has slowed down.

This decision reflects the ongoing adjustments being made within the company to ensure it remains well-positioned in a changing economic landscape.