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
Related reading
PwC UK applications jump 35% in graduate jobs drought
Big Four accounting firm says it has decided not to automate some junior work so staff can develop judgment
PwC US boss says partners who resist AI have no place at the firm
Consultancy begins overhaul of pricing and services in face of technology undercutting its business
PwC plans overhaul of global consulting business
Shake-up spurred on by rise of AI and threat of major upheaval across the industry
OpenAI makes five-year business plan to meet $1tn spending pledges
New revenue lines, debt partnerships and further fundraising targeted to cover enormous costs
The AI job cuts are accelerating
Companies are preparing for a time where there might be less work for their employees
KPMG to cut almost 600 UK jobs as slowdown persists
Big Four firm and rivals are struggling to regain footing even after reductions in headcount and costs