Published 9 days ago • loading... • Updated 8 days ago

City giants replace graduate jobs with AI

Summary

The “Big Four” accountants are cutting jobs and scaling back graduate recruitment programmes as they turn to artificial intelligence (AI) to do entry-level work. The professional services giants Deloitte, EY, KPMG and PwC have cut hundreds of roles over the past two years as they seek to keep up £1m payouts to partners in the face of a downturn in the consulting market.

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The Telegraph

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City giants replace graduate jobs with AI

Professional services giants scale back graduate recruitment programmes to reduce costs

10 days ago·London, United Kingdom

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City AM

Big Four slash graduate jobs as AI takes on entry level work

The UK’s Big Four accountancy firms are cutting hundreds of jobs and pulling back sharply on graduate recruitment, as artificial intelligence (AI) begins replacing the junior roles once filled by school and university graduates. Deloitte, EY, KMPG and PwC – which cumulatively employ around 100,000 people across the UK – have all stripped back early-career hiring over the last two years, slashing intake by as much as 29 per cent, in some cases. K…

8 days ago·London, United Kingdom

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EL ESPAÑOL

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9 days ago·Spain

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