One of the top 10 U.S. consulting firms is preparing for layoffs as $65 billion worth of federal contracts with private ...

Deloitte did not specify how many consultants would be laid off, calling the cuts "modest." Its government contracts have come under scrutiny as the White House looks to cut spending.

The move comes after demands by the federal government to identify potential cost cuts to existing projects.

Deloitte is bearing the brunt of the government's consulting crackdown — and its workers are next.