Saturday, 10 May, 2025

PwC Cuts 1,500 U.S. Jobs Amid Business Review and Low Attrition

PwC is laying off approximately 1,500 employees—about 2% of its 75,000-strong U.S. workforce—primarily in the audit and tax divisions, following a comprehensive business review. The move addresses historically low attrition rates and overcapacity, despite prior internal reassignments. Affected staff, some hired as recently as September, were notified via "time sensitive" Microsoft Teams invites. PwC will also scale back campus hiring but will honor existing intern offers.