An internal memo circulated among PricewaterhouseCoopers' consultancy partners and leaked to a Sunday newspaper, has criticised the firm's management style and strategic direction.
The letter, understood to be around two months’ old, was written by PwC’s head of management consultancy services, Lynton Barker.
He said the firm had fallen into the trap of ‘pointing the finger elsewhere’, according to a report in the Sunday Times.
Barker also accused the firm of having ‘haphazard, poor and inconsistent’ communications. He suggested a new leadership structure, and called for a meeting to take place to address PwC’s weakening economic position and failing morale.
Barker’s comments were part of a note intended as a rallying cry to consultants dismayed by uncertainty at the consulting wing. Talks to sell the division to computer company Hewlett Packard collapsed in November last year. And according to the firm’s UK senior partner Kieron Poynter speaking last month, there is currently no other deal on the table, nor has a decision been made between a sale or a float.
PwC declined to comment on the reports.