Accounting firm Forvis Mazars has laid off approximately 3% of its U.S. workforce as part of a restructuring effort, according to people familiar with the matter.

The cuts affected employees across the firm's audit, tax and consulting divisions. The layoffs represent the latest restructuring move by the accounting firm as it adjusts its operations.

Forvis Mazars was formed through the merger of accounting firms Forvis and Mazars USA. The firm provides audit, tax and consulting services to clients across various industries.

The accounting industry has faced pressure in recent years as firms adapt to changing market conditions and client demands. Many firms have undertaken restructuring efforts to streamline operations and reduce costs.