By Admin 
The direction of government expenses has also changed as power changes in America. After becoming President of Donald Trump, he handed over the ‘Department of Government Efficiency (DOGE)’ to Tech billionaire Alan Musk.
As soon as Musk comes in hand, this department has started cutting government spending and making the system a Lean & Efficient. Due to this campaign, the jobs of thousands of government employees have gone so far and now its flame has reached the private sector.
Cloud of crisis on private consulting companies
According to reports revealed in March, all the government agencies of America were instructed to review the contracts made from their private consulting companies and prove whether they are necessary or not. General Services Administration (GSA) asked all agencies to report on contracts of top 10 firms with which they have the biggest agreements. The motive was, which is waste, cut it.
Many companies like Deloitte, Accenture, IBM target
It is believed that this decision has had the biggest impact on Deloitte, which is a major consulting company in America. According to Bloomberg’s report, Deloitte has launched a trimming in its government consulting division. The company says that the growth in some areas is slowing down, the needs of government clients are changing and volunteers have reduced the number of those who leave the job by themselves. Due to these reasons, the staff has to be reduced.
At the same time, according to a report by Fortune, after the orders of DOGE, more than 124 government contracts of Deloitte have been cut or changed, which is more than $ 1.16 billion, or about Rs 9,700 crore. Talk about just a single contract, which was for the US Department of Health & Human Services and which was priced at $ 51 million, it was straight to cancel.
Deloitte is not the only company that has been a victim of this ‘Efficiency Drive’. Dozens of contracts of legendary companies like Boz Allen Hamilton, Accenture Federal Services, and IBM have also been cut off or have been cut off. Fortune reports that 61 contracts of Boz Allen Hamilton, which cost $ 207.1 million and 30 contracts of Accenture with a total price of $ 240.2 million, have scissors. At the same time, 10 contracts of IBM, which cost $ 34.3 million, have also been abolished.
According to the report of INC.com, the total value of the 10 major consulting firms whose contracts are on review are more than $ 65 billion and the government is now in the mood to straighten any “expensive or useless deal”. Wall Street Journal has also warned that this policy may threaten billions of dollars of companies.
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