PwC exits more than a dozen countries to avoid scandalsPwC is scaling back its global operations, shutting down businesses in several smaller and riskier countries following scandals and disagre...
16 Apr, 2025, 10.26 AM IST
PwC announces 1,800 layoffs in US as part of big restructuring, first in 15 years: ReportPricewaterhouseCoopers layoffs: The job cuts span various roles and departments, primarily affecting advisory and technology operations. Pw...
12 Sep, 2024, 02.13 PM IST
PwC to bring UK partner for help after Evergrande scandal hurts operations in China: ReportPwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...
10 Sep, 2024, 07.57 AM IST
China property developer Country Garden removes PwC as auditorCountry Garden Holdings has announced the resignation of PricewaterhouseCoopers (PwC) as its auditor, following the property developer's re...
05 Sep, 2024, 04.04 PM IST
PwC China faces 6-mth business ban, large fine over Evergrande audit, sources sayChinese regulators are likely to impose a six-month business suspension for part of PricewaterhouseCoopers' auditing unit in mainland China...
22 Aug, 2024, 03.41 PM IST
PwC to slash China partners' pay after being hit by client exodusPwC has asked its China-based partners to take up to a 50% pay cut amid a regulatory probe and client departures, prompting cost cuts and l...
18 Jul, 2024, 01.31 PM IST
PwC weighs halving of China financial services audit staffPwC plans to cut up to half its financial services auditing staff in China amid regulatory scrutiny and client departures. The firm, which ...
17 Jul, 2024, 11.02 AM IST
Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
10 Jul, 2024, 01.33 PM IST
KPMG to lay off about 6% of deal advisory staff in UK: ReportsThe layoffs will impact closer to 6% of the 1,700-strong KPMG deal advisory team in the UK, the source said, adding that the move was due t...
17 Oct, 2023, 08.54 PM IST
Startups take measures to ease their employees outPutting more people on performance improvement plans, setting unrealistic targets to be met in a short period, freezing hikes and variable ...
07 Sep, 2023, 12.38 AM IST
Not all rainbows and unicorns: Over half the employees of top 24 startups explore new jobsMore than half of the employees at India's top 24 unicorns are seeking jobs elsewhere as they fear increasing job insecurity and possible l...
04 May, 2023, 12.34 PM IST
EY US to slash 5% of its workforce days after nixing splitThe decision was taken after assessing the impact of current economic conditions, strong employee retention rates and "overcapacity" in par...
18 Apr, 2023, 09.23 AM IST
Healthtech startup PharmEasy lays off more employeesThe layoffs were attributed to a variety of factors, including restructuring, macroeconomic headwinds, and the ongoing Russia-Ukraine confl...
12 Dec, 2022, 04.09 PM IST
Covid-19: Cos try to save jobs while struggling to meet payroll commitmentsBuffeted by the turmoil unleashed by the Covid-19 pandemic, a bunch of companies are trying to save jobs even while India Inc struggles to ...
10 Apr, 2020, 09.46 AM IST
April-June quarter sees PE investments of $6.3 billion: ReportThe PE appetite continued to be strong with late-stage investments accounting for almost 57 per cent of the investment value at $3.6 billio...
22 Aug, 2017, 12.55 PM IST
India Inc freezes hiring but no layoffs amid downturn: PwCMost Indian cos have frozen their hiring plans for the short term, even as majority of them still rule out layoffs.
30 Apr, 2009, 03.51 PM IST
- Credit woes: IT cos may cut 25K jobs
The banking, financial services and insurance (BFSI) segment is the largest outsourcing vertical for Indian technology players.
17 Sep, 2008, 11.45 AM IST