EY has reduced central headcount and held down the financial contributions demanded from its member companies during Janet Truncale’s first year as global chief executive, the Financial Times (FT) reported.
The publication, citing filings at the UK’s Companies House, said that EY’s global headquarters collected $1.8bn from national partnerships in the year to 27 June 2025.
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This remained unchanged from the previous year, even as total revenue across the network rose by 4%.
The figure also reveal that the global assessment dropped to less than 3.5% of member companies’ combined revenue.
Before the collapse of EY’s consulting spin-off, Project Everest, in 2023, the charge had typically been above 4%.
The accounts also recorded a reduction in the global organisation’s workforce. The number of staff employed directly by the central body declined by 8% to 964 in the year to June.
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By GlobalDataEY operates as a group of locally owned partnerships linked by a common brand and supported by a central entity, which provides services including technology platforms, marketing support and standard setting for audit and other work.
Member companies, particularly the US practice, have at times pushed back against the sums requested by the global office.
The failure of Project Everest, following opposition from within the US business, exposed the limits of the central body’s authority over the largest member and led to a reset of strategy.
After the deal was abandoned, Truncale pledged to overhaul the global structure, cut a layer of management, encourage more cross-regional and cross-sector collaboration, and return some responsibilities to national enterprises.
In addition to the main global assessment, member companies paid a further $3.2bn in the most recent financial year for centrally provided services including shared technology.
That figure was down from $3.4bn in the year to 28 June 2024, reflecting a drive to trim spending, the FT added.
