PwC lays off nearly 1,500 staff in US amid business review: Report

PwC has laid off nearly 1,500 employees in the United States, according to a report by the Financial Times (FT). The job cuts impact around 2% of the firm’s 75,000-strong US workforce and follow a months-long review of its operations.Citing people familiar with the matter, the report said that most of the affected roles were in the audit and tax divisions. PwC had earlier moved hundreds of employees from slower business areas to faster-growing functions as part of an internal reshuffle.

Impacted staff were informed earlier this week on Monday (May…