News of the redundancy plan follows soon after PwC cut 78 of 180 jobs offered to graduates in its management consultancy wing, due to ‘dwindling activity’ in the sector.
The firm said in a statement that it had asked around 280 or 7.3% of UK consulting staff working in client facing, infrastructure and support functions, to accept a voluntary severance package.
Liz Brown, a partner in PwC’s human resource consulting business, said: ‘Our growth in recent years has been driven by technology areas which have been affected by the current economic slowdown.
‘We will be offering people a more generous redundancy package than is normal, based on length of service and age.’
Brown said the firm anticipated sufficient people would take up the offer, therefore avoiding the need for compulsory redundancies.
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