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.