PwC Slashes 1,500 Jobs Amid Industry-Wide Slowdown
PwC is set to cut 1,500 jobs in the US, representing a 2% reduction in its workforce, primarily affecting the audit and tax divisions. This move comes as a part of a larger trend of layoffs among Big Four accounting firms, including Deloitte and KPMG, as the sector adjusts to slower economic conditions post-pandemic. Despite these cuts, PwC plans to honor existing offers to last year's interns but is reducing campus recruitment efforts.
May 6