PwC lays off 1,500 employees, reduces campus hiring across US
- In early May 2025, PricewaterhouseCoopers reduced its U.S. Workforce by around 1,500 positions, primarily within its audit and tax departments.
- The firm made the cuts after a months-long internal review cited historically low employee turnover and stagnant business conditions.
- Affected staff were informed via Microsoft Teams meetings over Monday and Tuesday, with severance details sent by email amid employee surprise and criticism of transparency.
- PwC's US workforce totals about 75,000, so the layoffs represent roughly 2% of employees, which is smaller than some larger cuts made recently by competitors like KPMG and Deloitte.
- These layoffs reflect an industry trend among Big Four firms facing low attrition and economic challenges, suggesting further staff adjustments could occur.
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Accounting giant PwC announces layoffs: 1,500 jobs will be cut in the U.S.
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson told Reuters on Monday. The workforce reduction equates to approximately 2% of our U.S. firm, the spokesperson said. PwC employs more than 75,000 people in the United States. “This was a difficult decision, and we made it with care, thoughtfulness, and a deep awareness of its impact on our people, appreciating that historically low level…
'Completely Blindsided': Accounting Giant PwC Is Laying Off 1,500 U.S. Workers. Here's Why.
PwC is laying off 1,500 U.S. workers, about 2% of its 75,000-person workforce. The rest of the Big Four, including KPMG, EY, and Deloitte, have also recently laid off workers.
·San Francisco, United States
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