E&Y aiming for 20,000 staff in China

Big Four firm Ernst & Young aims to quadruple its staff in China to
20,000 over the next decade, according to its chief executive, James Turley.

Speaking on a visit to China this week, Turley told Reuters: ‘We need to
think about the long-term development in China and we hope to have 15,000-20,000
people in China in the next decade.’

Turley said the firm expected to recruit most of the new staff from Chinese
universities while it would also explore opportunities for potential mergers and
acquisitions with local firms.

E&Y runs ten offices in Chinese cities including Shanghai, Beijing and
Hong Kong.

’We are always interested in high-quality local firms and, likewise, we will
also focus on our organic growth,’ Turley added

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