PwC to cut up to 600 UK jobs as attrition rate plunges – FT

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The logo of accounting firm PricewaterhouseCoopers (PwC) is seen on the top of a Brussels' office of the company in Diegem

The logo of accounting firm PricewaterhouseCoopers (PwC) is seen on the top of a Brussels’ office of the company, in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing Rights

Nov 7 (Reuters) – British accounting company PricewaterhouseCoopers (PwC) plans to cut up to 600 jobs in the UK following a falling attrition rate at the firm, the Financial Times reported on Tuesday.

The firm will launch a voluntary redundancy programme for 500-600 people but will cut jobs on a compulsory basis if not enough people opt to leave, according to the report citing people familiar with the matter.

Reporting by Jyoti Narayan in Bengaluru; Editing by Rashmi Aich

Our Standards: The Thomson Reuters Trust Principles.

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