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. …
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