CONSULTING GIANT ANNOUNCES NEW ROUND OF LAYOFFS AS CLIENT SPENDING SLOWS
PwC has cut a number of business-services positions across the United States as part of a cost-reduction effort tied to weaker corporate spending, ongoing economic uncertainty and shifting demand for consulting work.
PricewaterhouseCoopers (PwC), one of the world’s largest consulting and accounting firms, has carried out a fresh round of layoffs in its U.S. business-services division, according to people familiar with the decision. The reductions come as major firms across the professional-services sector confront rising costs and declining client activity.
The affected roles span administrative, operational and support-service positions — areas that typically support consulting and advisory teams. PwC insiders say the firm has faced increasing pressure to streamline internal operations as clients delay projects, trim budgets and scale back discretionary spending.
Economic uncertainty continues to weigh heavily on corporate planning, and analysts note that consulting giants have been particularly sensitive to these fluctuations in demand. PwC is the latest in what has become a broader trend, following similar cuts announced in recent months at other major firms in the legal, consulting and tech-services industries.
While PwC has not publicly disclosed the total number of affected employees, sources say the firm is attempting to minimize disruption by offering internal mobility options where possible. However, not all positions can be reassigned, leading to targeted job reductions.
Industry experts warn that the business-services sector often serves as an early indicator of wider economic pressure. When companies tighten spending, consulting support services typically feel the impact first, followed by slowdowns in larger advisory engagements.
Despite the layoffs, PwC remains focused on high-demand areas such as AI implementation, cybersecurity and regulatory guidance — sectors expected to drive future growth even as traditional consulting contracts shrink.
