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Layoff Watch '25: The King's PwC Shows Some Auditors the Door

Summary by Going Concern
Reported by Financial Times, PwC UK is cutting about 175 audit associates from the roster “as the Big 4 firm grapples with tougher market conditions.” We thought it was consulting that was having this problem? It’s not like companies can choose to skip audits like they can consulting work. Feels like BS but what do we know. FT adds: PwC told some 270 audit associates last week that they were part of a compulsory redundancy round, according to p…
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Going ConcernGoing Concern

Layoff Watch '25: The King's PwC Shows Some Auditors the Door

Reported by Financial Times, PwC UK is cutting about 175 audit associates from the roster “as the Big 4 firm grapples with tougher market conditions.” We thought it was consulting that was having this problem? It’s not like companies can choose to skip audits like they can consulting work. Feels like BS but what do we know. FT adds: PwC told some 270 audit associates last week that they were part of a compulsory redundancy round, according to p…

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Going Concern broke the news in on Tuesday, July 1, 2025.
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