PwC Abandons Headcount Target as Revenue Growth Slows

PwC abandons headcount target as revenue growth slows

Big Four firm quietly scraps pledge to add 100,000 workers worldwide by mid-2026 amid rise of AI

PwC expects end-to-end AI audit automation within 2026

The Big Four firm estimates complete end-to-end integration of AI in the audit cycle is about one year away.

PwC shrinks global headcount amid $1.5bn AI drive

Big Four giant PwC has shrunk its global workforce for the first time since 2010, trimming staff numbers by nearly 6,000, as the chairman cited investments in AI tools. In its annual report, published on Tuesday, PwC firms reported record gross revenues of $56.9bn for the 12 months ending 30 June 2025, marking a 2.7 per cent growth in local currency (2.9 per cent in US dollars) over the prior year. PwC is lagging behind Big Four rivals Deloitte …