EY to Hire About 220,000 as Big Four Shrug Off Economic Turmoil

Investment banks may be cutting jobs, but professional services firms are only getting bigger.

EY is on track to hire around 220,000 people in the twelve months to July 2023, having achieved its highest growth in nearly two decades in the previous period. That’s before a potential break-up of its auditing and consulting divisions takes effect, which could further ramp up a recruitment drive that reached about 160,000 in the 2022 financial year.

As part of the push the firm expects to sift through more than 3 million resumes this year, Trent Henry, EY Global vice chair for talent, said ...