Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s technology group amid slowing demand for its advisory services, the Wall Street Journal reported Wednesday (Sept. 11), citing sources familiar...
A survey found that 25% of CEOs think artificial intelligence will trigger staffing reductions this year. The survey, published Monday (Jan. 15), was conducted by PwC ahead of this week’s World Economic Forum in Davos, Switzerland. A quarter of the CEOs said generative AI would...
Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval, the Press Association reported Sunday (Dec. 31), citing interviews with industry experts. The report cited...
Today in B2B payments, American Express enhances its early B2B payment solution, and payroll provider Paylocity strikes an acquisition deal. Plus, Allied Irish Bank strengthens its receivables finance offering, PwC develops data capture solution and BlackLine modernizes the cloud. American Express Enhances Early Pay To...
September 11, 2024
Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s technology group amid slowing demand for its advisory services, the Wall Street Journal reported Wednesday (Sept. 11), citing sources familiar with the matter. Those sources say PwC — one of […]
January 16, 2024
A survey found that 25% of CEOs think artificial intelligence will trigger staffing reductions this year. The survey, published Monday (Jan. 15), was conducted by PwC ahead of this week’s...
January 02, 2024
Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval,...
October 26, 2020
Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing. Tim Ryan, chair of accounting giant...
