India, May 12 -- PwC, one of the "Big Four" accounting and consulting firms, eliminated 1,500 employees in the United States. The news was delivered abruptly through a Microsoft Teams meeting invitation in early May.

The layoffs, impacting roughly 2% of PwC's U.S. workforce of 75,000, were reportedly concentrated in the firm's traditional Audit and Tax practices. This move follows a prior restructuring effort just months before, suggesting a sustained effort by the firm to align its talent pool with evolving business needs and market realities. While PwC cited "historically low levels of attrition over consecutive years" as a primary driver for the workforce reduction, implying an overcapacity of staff relative to natural turnover, indus...