PwC to Layoff 329

PricewaterhouseCoopers International Limited, commonly known as PwC, is a multinational professional services brand. PwC is one of the largest professional services networks in the world, counted among the Big Four accounting firms: Deloitte, KPMG, and EY.

Founded in 1854 as Coopers & Lybrand, with its headquarters in London, UK, its core services include assurance, consulting, tax and legal, advisory services, etc.

According to reports, PwC has announced plans to lay off 392 employees in its Australia operations. This is a restructuring initiative that comes after supposed revelations that a former partner leaked sensitive proprietary documents. The report further states that up to 37 partners would retire over the next nine months.