Yes, PwC has been actively reducing its headcount, with major layoffs occurring in 2024 and 2025 as part of restructuring efforts to cut costs and shift focus toward technology and AI. Recent cuts included approximately 1,500 U.S. employees in May 2025, following 1,800 layoffs in late 2024.
The firm had previously pledged to hire 100,000 employees by the middle of 2026. PwC trimmed its global workforce by 5,600 in its 2025 fiscal year, an apparent departure from a previous pledge to boost head count.
The boom started to dwindle in 2023, when Deloitte, EY, and KPMG made staff cuts. PwC US followed suit, laying off around 1,800 people in October 2024 and 1,500 more in May 2025.
PwC has faced an exodus of clientele and layoffs since last year. PwC has shut down operations in more than a dozen countries that are deemed too small, risky or unprofitable, as the Big Four accounting firm aims to prevent repeats of scandals that have affected it, the Financial Times reported on Wednesday.
PwC India aims to triple revenue by 2030; vision champions 'Kal ka Bharat' and echoes India's growth story. Aims to achieve this ambition through increased investments in technology, AI-led delivery, new market opportunities, and expansion to a 50,000-strong workforce.
In 2025, PwC was seen turning to layoffs instead, reducing its headcount by 5,600 employees to 365,000, instead of adding to its ranks. In order to meet the 2026 target, Business Insider estimates that PwC will have to hire over 40,000 workers over the next 12 months if it has any hopes of meeting its goals.
The PwC tax scandal was a scandal involving PwC's abuse of the Australian Government's secrets to enrich itself and its corporate clients. PwC, and other Big Four accounting firms, give advice to governments on writing tax law, and also corporations seeking to avoid those laws.
PwC's global leadership is taking steps to protect the firm's reputation by ending relationships with clients considered “high-risk.” The Big 4 has ceased operations in more than a dozen countries due to the market being, Too small to scale. Client risk being too high.
2025 was a brutal year for layoffs. Even perceived winners in the AI-fueled economy, like Meta, announced workforce reductions.
PwC said annualised partner pay declined by 12.7 per cent, while staff received $33 million in incentive payments. Despite adding 1,296 new employees (including 691 graduates) to the firm, it also reported a 32 per cent turnover of its employees, up from 19 per cent in 2023.
In February 2025, PIF announced a wide-ranging ban on employment of PwC's consultants. The ban was brought into place shortly after PwC hired around 70 forensic investigators, mostly from Deloitte Middle East in a coordinated poaching operation in October (IO, 17/02/25).
PwC and Deloitte are the most prestigious
If you ask most people about prestige, they'll probably rank PwC/Deloitte > EY > KPMG. This is reflected in pricing, for example.
PwC has announced plans to lay off approximately 1,500 employees across its US operations, including fresh graduates, as it grapples with sustained low staff turnover and changing business demands.
The majority of our people work through the firm's hybrid work model driven by client engagement needs. Our people spend on average 50% of their time in person and 50% virtually on average throughout the year. In-person time can be spent at a client site, PwC office or other in-person location.
Yes, PwC provides signing bonuses, relocation packages, and allowances in addition to base salary and performance bonuses.
This interview process is for a Senior Associate Software Engineer (L2) role at PwC, focusing on assessing technical skills, problem-solving abilities, and cultural fit.
Grow and develop through five levels. You can expect a clearly structured career path and rapid career progression. Typically, you'll spend 2-3 years at each level (Associate, Senior Associate, Manager and Director)* as you progress towards Partner.