Specific companies are already feeling the effects of cost cutting by Elon Musk's Department of Government Efficiency (DOGE), with the first wave of publicly available data showing a number of government consultants facing hundreds of millions of dollars in canceled or renegotiated contracts.
They include some prominent names, such as Deloitte. The ended contracts for that multinational London-based firm, DOGE claims, total more than $219 million in savings for taxpayers.
The effect on Deloitte's bottom line isn't clear but is a relatively small piece of Deloitte Worldwide's reported 2024 revenue of $67.2 billion.