PwC lays off nearly 1,500 staff in US amid business review: Report

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PwC has laid off nearly 1,500 employees in the United States, according to a report by the Financial Times (FT). The job cuts impact around 2% of the firm’s 75,000-strong US workforce and follow a months-long review of its operations.Citing people familiar with the matter, the report said that most of the affected roles were in the audit and tax divisions. PwC had earlier moved hundreds of employees from slower business areas to faster-growing functions as part of an internal reshuffle.

Impacted staff were informed earlier this week on Monday (May…



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PwC lays off nearly 1,500 staff in US amid business review: Report


PwC has laid off nearly 1,500 employees in the United States, according to a report by the Financial Times (FT). The job cuts impact around 2% of the firm’s 75,000-strong US workforce and follow a months-long review of its operations.Citing people familiar with the matter, the report said that most of the affected roles were in the audit and tax divisions. PwC had earlier moved hundreds of employees from slower business areas to faster-growing functions as part of an internal reshuffle.

Impacted staff were informed earlier this week on Monday (May…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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