PwC to Lay Off 1,800 US Employees in Major Restructuring

The job cuts, affecting 2.5% of the workforce, are part of a strategic overhaul to integrate technology and streamline operations.

PwC's first major US layoffs since 2009 will impact roles from associates to managing directors.
The restructuring focuses on the advisory, products, and technology units, with significant changes to the technology group.
About half of the affected employees are based offshore, highlighting global implications.
PwC is integrating its products and technology teams into individual business lines to better support its strategy.
The announcement comes amid broader challenges, including a slowdown in demand and scrutiny over its role in the China Evergrande Group fraud investigation.