Accounting firm PWC intends to reduce its workforce in the United States, according to reports. The firm plans to cut approximately 1,500 jobs across its U.S. operations.
The reduction represents about two percent of the firm's total workforce in the United States, which stands at 75,000 employees.
These job eliminations are primarily concentrated within PWC's audit and tax business segments.
The planned PWC Layoffs were first reported by the Financial Times, citing individuals familiar with the firm's internal decisions.
PWC is one of the entities commonly referred to as the "Big Four" in the global accounting and professional services industry. The group also includes KPMG, EY, and Deloitte.
Workforce adjustments are occurring elsewhere within the sector.
In November of the previous year, KPMG implemented its own workforce reduction, affecting less than four percent of its audit employees in the United States. That move impacted roughly 330 positions.
PWC did not provide immediate comment when Reuters requested information regarding the reported job cuts.
