PwC has announced that they will layoff 400 accountants in their Australia office. The primary reason for the layoffs is a decrease in revenue. PwC said that they are losing about 15% of revenue year over year.It is notable that PwC’s decrease in revenue is less than Deloitte. Deloitte claimed that their revenues were
The big 4 accounting firms pwc, deloitte, kpmg and ey must split up in the uk due to recent scandals. The big have until June 2024 to separate their audit and consulting businesses in the UK. The financial reporting council is the governing body that is calling for the break up of the big
A tik toker named Claira Janover was fired from her job at Deloitte for threatening Trump supporters. Claira Janover reportedly worked in Connecticut. She previously graduated from Harvard which is what most of the headlines state about her. Claira Janover Deloitte The reason she lost her job is because she was threatening
The other day we put up a podcast detailing Deloitte and KPMG’s covid 19 response service offerings. Those were mainly focused on reopening your business and office. From what I can tell EY is providing a platform for their clients. This is called enterprise resilience. This is an online tool. They have nine areas
According to a tip we received, PwC is going to tell employees in their tax practice to take an 20% pay decrease along with an 20% reduction in work. This will most likely take place across the Canadian firm, but we have not yet confirmed that. However, our tipster said that the 20% reduction
It’s finally as we predicted previously. The big 4 accounting firms are laying people off in the U.S. now. Deloitte is going to cut 5% of their workforce in the united states. Make sure to subscribe to our podcast to get updates regarding layoffs. deloitte layoffs Deloitte has over 100,000 staff in
EY Changes UK Audit Leadership EY has announced that they are breaking up their leadership in the UK. They will have different leadership teams between audit and assurance lines of service. This is a little bit confusing to me because I’m used to audit and assurance meaning the same thing. I guess in this
News has come out from KPMG Australia that the majority of their employees accepted the pay cut. KPMG announced pay cuts of 20 percent recently, but they said that the pay cut was voluntary. However, it seems that peer pressure has worked as 99% of employees have agreed to take the pay cut. KPMG
KPMG is being sued over their audit of Carillion. This seems to be the accounting scandal that won’t die. It seems like this accounting scandal has been going on for forever. KPMG signed off on Carillion’s financials in 2017. Five months later Carillion went out of business. The government agency in charge of reviewing
According to the financial times, EY is forcing their employees in the uk take leave for the last week of May. They are telling employees to take leave starting May 26 going until May 29. EY already cut jobs in November of last year in their advisory practice due to a downturn in revenue.
