Consulting & Accounting

Employment trends and layoff analytics for the Consulting & Accounting industry.

5,600
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
5,600
Avg per Event
Employees affected
0
Confirmed
Company verified events
0
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Consulting & Accounting
5,600

Most Common Reasons

PwC initiated a global workforce reduction of 5,600 employees during its fiscal year 2025 (ending June 30), driven by a significant slowdown in global revenue growth (2.9% in FY2025, a third consecutive year of decline). This strategic realignment is a response to a challenging economic climate, the need to reinvent the business, and substantial investments in next-generation AI capabilities to boost productivity. The firm also abandoned its ambitious 2021 pledge to hire 100,000 new employees globally by mid-2026, shifting focus from headcount expansion to efficiency and technological integration. Contributing factors also include internal scandals and regional challenges, leading to a strategy prioritizing 'quality over size,' including withdrawal from 13 countries and client portfolio adjustments.
1 event

Most Affected Departments

Business Support Functions (Marketing
5,600
IT
5,600
Communications
5,600
HR)
5,600
Audit
5,600
Tax
5,600
Advisory Services
5,600
Technology Support
5,600
Assurance
5,600

Most Affected Locations

Global
5,600
United States
5,600
Middle East
5,600
United Kingdom (reduced graduate recruitment)
5,600
Asia-Pacific
5,600

Companies in Consulting & Accounting

PwC
5,600 employees affected · 1 event · Consulting & Accounting

Recent Layoff Events

DateCompanyEmployeesReason
Nov 3, 2025
PwC
5,600 (1.5%)
PwC initiated a global workforce reduction of 5,600 employees during its fiscal year 2025 (ending June 30), driven by a significant slowdown in global revenue growth (2.9% in FY2025, a third consecutive year of decline). This strategic realignment is a response to a challenging economic climate, the need to reinvent the business, and substantial investments in next-generation AI capabilities to boost productivity. The firm also abandoned its ambitious 2021 pledge to hire 100,000 new employees globally by mid-2026, shifting focus from headcount expansion to efficiency and technological integration. Contributing factors also include internal scandals and regional challenges, leading to a strategy prioritizing 'quality over size,' including withdrawal from 13 countries and client portfolio adjustments.