07-11-2023 14:48 via theguardian.com

PwC defends plans to cut 600 jobs rather than bosses’ pay

News come months after PwC revealed more than 1,000 UK partners would be paid £906,000 eachPwC’s chairman has defended plans to cut up to 600 jobs rather than cut partner pay amid a slowdown in client demand, saying it was important to offer “competitive” pay packages to senior staff.The accounting and consultancy firm said it was trying to right-size the business following weaker growth, rising costs and a drop in the number of employees quitting on their own accord, in
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