London, England-based PricewaterhouseCoopers, a multinational professional services network providing accounting, audit, and consulting services, has announced a two percent reduction in force in its U.S. audit and tax businesses.
The reduction will impact 1,500 employees. This follows the restructuring of PwC’s products and technology group in September 2024, with the loss of about 1,800 jobs.
According to a company spokesperson, “This was a difficult decision, and we made it with care, thoughtfulness and a deep awareness of its impact on our people, appreciating that historically low levels of attrition over consecutive years have made it necessary to take this step.” .
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?