PWC cuts 1500 jobs in America, sends employees Email invites to Microsoft teams’ meeting …
PWC, one of Big four accounting firmAccording to the Financial Times report, about 1,500 employees in the US have been discontinued, the trimmer affects 2% of the 75,000 PWC employees in the US, which quotes the people familiar with the matter, the report states that most affected employees have worked in audit and tax departments. Job cuts reviewed a month of business. PWC Hundreds of American employees were shifted from low busy roles to fast growing areas.
PWC Sorting: Affected Employees
The affected employees were informed on Monday and Tuesday this week. Hundreds of them received a meeting of a Microsoft teams, who invite “time sensitive” in their emails, the publication said. Many of the employees kept recently joined the PWC. A person starting in September told FT that he was “destroyed”. “Everyone was completely blind from the take-off today,” the person said. Another employee said, “Some of us were for promotion, but we are now being cut off instead of a promotion and a collision.”The firm is also reducing the campus hiring due to the Lower Staff Turnover, but will honor the proposals already made to the last year’s intern, which are going to join the end of this year, the person said.
What PWC said on job cuts here
“It was a difficult decision, and we made it with deep awareness about care, thoughtfulness and its impact on our people, appreciating that it is necessary to take this step at historically low level levels over the years,” a statement by the company said.
Deloite, announcement of job cuts between KPMG Big Force
The other big four firms have also announced a similar job cut. Earlier this year, Deloite informed its employees that the group was closing employees in its advisory business. “The overall demand for Deloite services remains strong,” the firm said in an internal call. “We are taking action of minor personnel based on development in some areas, low levels of our government customers developed and voluntary attraction.”KPMG also closed around 330 employees in the US in November last year. The firm then said that it was “addressing the level of constant level”.
