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PwC is planning to use employee location data to police their return to office policies


2024

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PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009

The cuts will affect 2.5% of the workforce at the Big Four accounting firm’s U.S. unit, people familiar with the matter said

The Big Four accounting firm is in the process of cutting employees in the U.S. and elsewhere, primarily in its U.S. advisory and products and technology operations, according to people familiar with the matter. The cuts, about half of which are offshore, span employees ranging from associates to managing directors and include business services, audit and tax, the people said.

PwC plans to notify those affected, roughly 2.5% of the workforce at the U.S. unit, in October, the people said. 

PwC on Wednesday announced its plans for layoffs and the restructuring in a memo to U.S. staff obtained by The Wall Street Journal. “There will be an element of resource action that will impact a relatively small proportion of our people, something that is never easy,” Paul Griggs, PwC’s U.S. leader, said in the memo. 

 
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