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Pentagon Terminates $5.1 Billion in IT and Consulting Contracts, Including Accenture and Deloitte

2025-04-12 Ravi Mehta

n a significant move to reduce federal spending, the U.S. Department of Defense (DoD) has announced the termination of IT and consulting contracts totaling $5.1 billion. This decision affects major firms such as Accenture, Deloitte, and Booz Allen Hamilton, and is part of a broader initiative to eliminate what the Pentagon deems "wasteful spending" .

Massive Layoffs Rock the U.S.: DOGE Cuts Surge 41,300%, Crashing Washington D.C.’s Housing Market

2025-03-06 Niranjan Ghatule

In a shocking turn of events, the U.S. job market has been hit with a wave of layoffs, reaching levels not seen since 2009. February 2025 alone saw 172,017 job cuts—a staggering 103% increase year-over-year and a 245% jump from January. A major driver behind this surge is the Department of Government Efficiency (DOGE), which has slashed over 62,530 jobs this year

Pentagon Terminates $5.1 Billion in IT and Consulting Contracts, Including Accenture and Deloitte

Massive Layoffs Rock the U.S.: DOGE Cuts Surge 41,300%, Crashing Washington D.C.’s Housing Market

European Tourism to the United States: A Freefall Under Trump’s Second Term

Hero MotoCorp: What’s Going Wrong With India’s Two-Wheeler Giant?

Trump’s Reciprocal Tariff Delay: Lifeline for US Corporations or Strategic Diplomacy?

President Trump Exempts Smartphones, Computers, and Chips — Including Chinese Imports — From New Tariffs in Major Trade Decision

Troubled Times Ahead for IT Employees? TCS Defers Salary Hikes and Pentagon Cancels Major Contracts