Thread regarding Booz Allen Hamilton layoffs

Anyone know if the layoffs are happening over time or in waves? First quarter is over, are we through the tunnel yet?

If you are over 50 years old and well paid, you have a target on your back which is a layoff notice from Booz Allen.

Musical chairs plays out daily at Booz Allen. Every morning, at 7 am sharp the game begins for Booz Allen employees. Count on it no matter what Booz Allen leadership preaches. So, when the music stops, if your left standing without a chair you'll be issued a layoff notice within days if not hours. There are many people inside the company desperately looking for new work. Unfortunately, if you are one of them. Your given an unrealistic amount of time to find new work before a layoff notice is issued to you.

More coverage, source below:

Layoffs at Booz Allen Amid DOGE-Led Federal Spending Cuts

1. Booz Allen Hamilton is laying off 2,500 employees (about 7% of its 36,000 workforce) due to widespread contract cancellations and reductions driven by Elon Musk’s Department of Government Efficiency (DOGE).

2. The firm is especially vulnerable because 98% of its $12B revenue comes from federal contracts, making it heavily exposed to DOGE’s review of $65 billion in consulting deals.

3. Layoffs will focus on divisions serving civilian agencies, which account for about 35% of Booz Allen’s revenue.

4. Booz Allen CEO Horacio Rozanski cited unexpected speed and severity of cuts:
   > “These dynamics are indeed in play at a rate and speed that is beyond what we originally expected.”

5. Other major consulting firms like Accenture and Deloitte are also affected, with some moving ahead on layoffs amid canceled or threatened contracts.

6. The Pentagon canceled $5.1B in “wasteful” contracts in April, $4B of which came from Booz Allen, Accenture, and Deloitte.

7. As of now, at least 2,775 contracts have been revoked, saving about $3.1B, far below DOGE’s claimed $32B in total savings.

8. Over 3,600 layoffs in the Washington, D.C. area this year have been linked to DOGE-related cuts, with firms slashing prices to remain competitive.
   > “Everybody’s so desperate for work now... they’re lowball[ing] their price.”

9. Public sympathy is limited due to a widespread belief that consultancies overcharge for questionable results.

10. Some experts warn that agencies may get lower quality service, and critical public functions could suffer.
    > “Would you use low price to choose your heart surgeon?” — Stan Soloway

https://www.inc.com/bruce-crumley/layoffs-hit-consulting-giant-booz-allen-as-doge-cancelled-contracts-take-a-toll/91194205

and that stock is gonna go down for a while. or at least as long is DJT in the office.
people do not get it, but that's ok.

• Booz Allen Hamilton plans to cut 2,500 jobs as the Trump administration discontinues federal contracts to curb government spending
• The shift is projected to reduce Booz Allen’s fiscal 2026 revenue by 3 percent, given its heavy reliance on government work
• CEO Horacio D. Rozanski called the cuts a “short term disruption” while preparing for future opportunities
• Rozanski stressed that “Booz Allen is not standing still to see what happens next, we are moving aggressively to lead the way in a changing market”
• The firm’s civil business will face reductions as agencies like the Department of Defense review or end agreements with contractors
• Rozanski said their objective is to enable a more “nimble” and “efficient” federal government
• The layoffs follow the Defense Health Agency’s move to drop consulting services from Booz Allen and others, part of President Trump’s drive to shrink federal spending