On Wednesday, Seattle-based business and technology firm Slalom Consulting laid off about 900 employees or 7% of its workforce.
The layoffs come at a time of significant shifts within the consulting industry, as companies increasingly look to in-house talent to solve their business problems. Slalom CEO Brad Jackson said in a LinkedIn post that the company had explored “every option possible” before making the decision to lay off employees.
“This was the most difficult decision we have made in our history,” Jackson wrote. “We know this news will be tough for those impacted, and we are committed to supporting them during this transition.”
Slalom provides tech-related services in various industries to clients across the globe. The company’s clients include Alaska Airlines, Allstate, eBay, Hyatt, Microsoft, REI, and others.
The layoffs come just a few months after Slalom was named one of Fortune’s 100 Best Companies to Work For for the eighth consecutive year.
The company has not yet released details about which employees were affected by the layoffs or how the restructuring will impact its operations.
The layoffs at Slalom are a sign of the challenges facing the consulting industry. As companies increasingly look to in-house talent, consulting firms are under pressure to find new ways to differentiate themselves.
It remains to be seen how the layoffs at Slalom will impact the company’s long-term prospects. However, the move is a clear indication that the firm is facing difficult times.