PwC is transforming into an AI-driven, technology-focused services firm, heavily investing in AI, engineering talent, and cybersecurity to navigate a complex, uncertain global business landscape. By 2026, the firm is pivoting towards building and scaling tech solutions, shifting from traditional consulting to AI-native engineering and strategic advisory services.
PwC forecasts global GDP growth of 2.7% in 2026, broadly in line with 2025, reflecting continued resilience even as momentum remains uneven across regions. While growth is holding up, it is increasingly reliant on a narrower set of drivers than in past cycles.
The latest global projections from the PwC Network suggest global growth to moderate somewhat, at 2.6% in 2025 and 2026, down from 2.8% in 2024, as geopolitical uncertainties and increased protectionism dampen the outlook.
PwC counts among its clients some of the largest companies in the world. In 2019, these included Bank of America, American International Group, Chase, Goldman Sachs, Prudential Financial, and IBM. Others in the top twenty include Ford Motor Co., Merck, Johnson & Johnson, Exxon, Chevron, and American Express.
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.
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.
A: The ban followed PwC's attempt to poach Jason Davies, Neom's former Chief Internal Audit Officer, which Saudi authorities viewed as a breach of trust. The PIF action was client-specific, not regulatory, and only affected advisory and consulting mandates—not audit services.
Most of the compensation comes from base salary, with only a modest bonus added. At PwC: Base salary: $57,000 to $78,000. Bonus: $3,000 to $5,000.
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.
By 2030, AI will do 80% of accounting work, but human bean-counters will steer strategy, ethics, and money planning.
PwC has achieved its highest ranking yet—#20—on Fortune's 2025 100 Best Companies to Work For® list! This is our highest placement since joining the list in 2005 and a two-spot climb from 2024.
KUALA LUMPUR, June 26 (Bernama) -- PricewaterhouseCoopers Malaysia Holdings Sdn Bhd's (PwC Malaysia) entry into Tun Razak Exchange (TRX) as an anchor in a new building that is being developed positions Kuala Lumpur as a premier destination for global businesses.
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.
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.
Choosing among the Big 4 consulting firms—whether as a client or an aspiring consultant—depends heavily on your strategic priorities, industry, and desired service line. Deloitte leads in innovation and transformation. PwC blends audit depth with strategic consulting.
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.
“Historically low attrition” combined with “continued market shifts” necessitated the cuts, PwC US assurance leader Deanna Byrne said in an email to staff seen by Business Insider. Many of the staff who were laid off were newer hires, the Financial Times reported.
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.
The Academy Awards Scandal That First Got PwC Its Job Counting Oscars Votes. In 2017, the accounting firm PricewaterhouseCoopers (PwC), which oversees vote counting and results distribution at the Academy Awards, caused a scandal for mixing up the envelopes that contained the names of the Best Picture winners.