Reforms to alleviate the burden of Sarbanes-Oxley compliance and the slowing economy may finally be taking a bite out of the Big 4 firms, which reportedly are laying off waves of workers now that demand for their services has diminished.

Reforms to alleviate the burden of Sarbanes-Oxley compliance and the slowing economy may finally be taking a bite out of the Big 4 firms, which reportedly are laying off waves of workers now that demand for their services has diminished.