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Booz Allen to cut 2.5K jobs amid federal spending crackdown
- Booz Allen Hamilton announced on May 23, 2025, that it plans to cut 2,500 jobs amid a federal spending crackdown in the United States.
- The job cuts follow the Trump administration’s effort to reduce government size by discontinuing contracts and reviewing federal agreements with contractors.
- Defense and federal agencies, including the Defense Health Agency, have ended consulting services with Booz Allen, Accenture, and Deloitte as part of cost-saving measures.
- During the earnings call on Friday, Booz Allen CEO Horacio D. Rozanski noted that the company is observing changes such as federal agencies restructuring, cuts in workforce and budgets, along with evaluations of existing contracts.
- The anticipated federal changes are expected to lower Booz Allen's revenue for fiscal year 2026 by approximately three percent; however, the company views this as a temporary challenge and is actively positioning itself to capitalize on future prospects.
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Booz Allen to cut 2.5K jobs amid federal spending crackdown
Booz Allen Hamilton, a consulting firm, said Friday it is planning to cut 2,500 jobs as the Trump administration seeks to reduce government spending levels by discontinuing federal contracts. The federal shift is projected to decrease Booz Allen’s fiscal 2026 revenue by 3 percent, as most of the company’s earnings are rooted in government contracts. …
·Washington, United States
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According to financial director Matt Calderone, most of the adjustment will fall to the civil advisory division after five technological projects have been affected since April.
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