PwC plans to eliminate 175 junior auditor roles in the UK by August, affecting non-British staff on visas. This decision is due to decreased service demand and fewer voluntary departures, prompting the firm to downsize its team.
PwC in the UK plans a smaller pay increase of 2.5% for staff this year, lower than last year’s 3%, coinciding with layoffs. These adjustments mirror industry challenges amid changing market dynamics and cost management reassessment.
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