- PricewaterhouseCoopers laid off about 1,500 employees this week, citing low turnover and the need to better align with client needs.
- The layoffs affected professionals in PwC’s assurance and tax lines of service, including accountants. The spokesperson said the cuts weren’t related to AI adoption or AI investments.
https://www.cfodive.com/news/pwc-cuts-2-us-workforce-citing-historically-low-attrition-accounting-shortage/747563/