Business
PwC posts flat result of $2.6b, limits staff cuts to 250 – The Australian Financial Review
PwC has retained its place as Australia’s largest consultancy by revenue despite the COVID-19 pandemic hitting business in its financial advisory and consulting business.
He revealed on Monday afternoon that the firm had managed to limit job cuts to 250, against the announced 400, by redeploying dozens of staff.
Mr Seymour also said that partners had taken a 5 per cent to 15 per cent cut to their annual pay, while adding that only 65 per cent, down from his previous estimate of 80 per cent, of staff had their pay and hours cut by about 4 per cent.
“I don’t think anyone, whether it’s me as CEO or anyone in my leadership team, ever wanted to be in a position of h…
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