BusinessPeople In BusinessPwC to cut 15% of UK HR jobs

PwC to cut 15% of UK HR jobs

Job cuts are part of three-year transformation project at Big Four firm.

PricewaterhouseCoopers says it will cut 60 jobs in its HR department, or 15%
of all positions over the next three years as part of a restructuring project.

The Big Four firm said that most of the roles would either be redeployed to
other parts of the business or would be as a result of natural attrition.

Until about six months ago PwC’s three lines of service – accountancy, tax
and advisory – each had their own HR departments. This created unnecessary
duplication, PwC said.

Under the new strucutre there will be a single HR department for the UK firm.

However, PwC said that HR graduates would train as accountants before joining
the HR department to help give them a better understanding of the business.

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