PwC has announced plans to lay off approximately 1,500 U.S.-based employees—about 2% of its national workforce—primarily in its audit and tax practices. According to Business Insider, the firm cited “historically low attrition” as a key driver, along with broader efforts to rebalance staffing in response to shifting market conditions.
The move follows a previous wave of 1,800 layoffs in PwC’s products and technology group in September 2024, as reported by The Wall Street Journal. While the firm plans to honor internship offers made last year, it is also pulling back on campus recruitment, according
to Financial Times. Layoffs were communicated via "time-sensitive" Microsoft Teams meetings, surprising some employees who had recently joined or were expecting promotions.
These cuts place PwC alongside other Big Four firms like Deloitte and KPMG, which have also reduced headcount amid evolving client demand (Reuters, May 2025).
For senior professionals affected by this transition, severance negotiations are not one-size-fits-all. Outside Legal Counsel LLP provides executive-level support in evaluating severance agreements, negotiating favorable terms, and addressing equity, non-compete, and post-employment risk provisions. Our firm ensures that professionals exit on the strongest legal and financial footing possible.
This is not legal advice and is attorney advertising.
Disclaimer: Nothing on this website is or should be construed as legal advice. An attorney-client relationship does not exist with our firm unless a signed retainer agreement is executed, and we do not offer legal advice through this site or any of the content located on it. For legal advice for your particular circumstances, please contact us directly.
