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PwC's growth stutters as it cuts head count and falls behind its Big Four rivals
Yahoo Finance·2025-10-29 04:14

PwC's global revenue grew 2.9% to hit 56.9billioninitslatestfinancialyear.Italsocutheadcountby5,600,markingaturnaroundfromitspreviousstrategytoboostnumbers.Reinventionofthefirmwillcontinuein2026,PwCchairmanMohamedKandesaid.PwC′sglobalrevenueisstutteringasitstrugglestogrowatthesamerateasitsBigFourrivals.TheconsultingandaccountingfirmreportedonTuesdaythatitsglobalrevenuegrew2.956.9 billion in its latest financial year. It also cut head count by 5,600, marking a turnaround from its previous strategy to boost numbers. Reinvention of the firm will continue in 2026, PwC chairman Mohamed Kande said. PwC's global revenue is stuttering as it struggles to grow at the same rate as its Big Four rivals. The consulting and accounting firm reported on Tuesday that its global revenue grew 2.9% to hit 56.9 billion in its 2025 financial year, whic ...