The Evergrande Debacle Keeps Giving PwC Big Trouble in Regular-Sized China
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The Evergrande Debacle Keeps Giving PwC Big Trouble in Regular-Sized China
Headline reference for the younguns. The last time we checked in on PwC China they were looking at laying off as much as half of their 2,000-person financial services audit business, a direct consequence of the Evergrande situation that’s haunted the firm since the property developer and former audit client collapsed in 2021. To make matters worse, shortly after the layoff news hit Financial Times reported that PwC China lost as much as two-thir…
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