How EY’s Ambitious Split Went Awry and What Happens Next (Video)

Last September, the global accounting and audit giant Ernst & Young unveiled a bold plan to split the company in two: one focused on consulting and one focused on audits. Firm leaders called the plan “Project Everest,” a nod to the tough hill they would have to climb to get EY’s more than 13,000 partners on board.

And then, in April, it all fell apart. In this video, we explore the surprising history that led EY’s leaders to conclude the best path forward was to split, dissect why the plan imploded, and examine what’s next for EY.