PwC Announces Major Job Cuts in the US
The Big Four accounting firm PwC has confirmed plans to lay off approximately 1,500 employees in the United States, representing about 3% of its workforce. This decision comes amid an industry-wide slowdown and is largely attributed to persistently low employee attrition rates. The layoffs are part of a broader strategy to restructure the firm and align its workforce to better meet future challenges. The move has been met with frustration from employees, particularly following a recent rebranding effort. The affected positions span various departments and include a reduction in campus hiring.
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