EY boss Janet Truncale pushes a major shake-up of the Big Four firm after her predecessor’s attempt failed

From the Dossier

Entry 8 of 26. Section A: Firm-specific scandals and accountability failures. Back to the Dossier

Summary

Follow-on reporting on EY after Project Everest’s failure: merging 18 geographic regions into 10, expanding the EY-Parthenon strategy-consulting brand, and continuing UK layoffs, with partner headcount in the UK falling by 43 in 2024.

Source description

Follow-on reporting on EY after Project Everest’s failure. UK partner headcount had grown by 27 the year before. The piece shows a firm reorganizing following an internally generated crisis.

Credibility assessment

Business Insider’s reporting is generally reliable, but the piece relies partly on EY spokesperson confirmations, which introduces a Low-Medium element per Rule 6 (institutional self-reporting). The underlying facts (layoff numbers, regional mergers) are verifiable and carry High weight.