Thread 60735051 - /biz/ [Archived: 457 hours ago]

Anonymous ID: TgHxGD4h
8/4/2025, 4:50:21 AM No.60735051
image_2025-08-03_235014127
image_2025-08-03_235014127
md5: c38a2c447878cbbbf259338226e45497🔍
>it's dumping privately
every fucking shareholder is gone
this thing is imploding faster than wtc7
Replies: >>60735054 >>60736932 >>60737238 >>60740809
Anonymous ID: 94E1fPzv
8/4/2025, 4:52:18 AM No.60735054
>>60735051 (OP)
I’m not sure the big four has really done that much in the grand scheme of things
Replies: >>60737120
Anonymous ID: yQ2B6Qad
8/4/2025, 5:15:47 AM No.60735130
i was a consultant at PWC a few years ago. couldn't tell you what exactly it that they did. very strange experience
Replies: >>60736781 >>60738522 >>60740627
Anonymous ID: gs8xlTZs
8/4/2025, 4:09:31 PM No.60736781
>>60735130
Interesting a college friend is there now
Anonymous ID: Un1To0fn
8/4/2025, 4:42:01 PM No.60736932
>>60735051 (OP)
What do they do that KPMG and Deloitte can't do better?
Replies: >>60738076
Anonymous ID: wqUBY+oa
8/4/2025, 5:19:11 PM No.60737120
>>60735054
yeah they just employ 1 million white collar workers globally thats all. No real impact in that.
Replies: >>60737143 >>60740810
Anonymous ID: 6gw8da1C
8/4/2025, 5:22:39 PM No.60737143
>>60737120

You know how the sentiment in the US is constantly

>we can't find enough people to do useful jobs!

and

>why are there so many people in useless jobs!

Maybe there's something to that, anon, and maybe we need some kind of big correction
Anonymous ID: 6xRVv0km
8/4/2025, 5:39:29 PM No.60737238
1000003602
1000003602
md5: 0eaceebfe66b785d7ffe22cad42912b5🔍
>>60735051 (OP)
Good. My ex works at pwc. Hope that whole thing fucking implodes and she dies. She's a HR "person".
Anonymous ID: dvDlTH8r
8/4/2025, 7:10:37 PM No.60737645
ey tax consultant here, I havent gotten a raise in two years and nobody around me neither so nobody gives a flying fuck anymore
Anonymous ID: TgHxGD4h
8/4/2025, 8:26:59 PM No.60738076
>>60736932
what do these do that o3-mini can't do better but for 1/1000th of the cost?
dancing on tiktok
Anonymous ID: Y5ChPdjH
8/4/2025, 8:33:50 PM No.60738127
These faggots and the other big 3 all live off the government tit. With Trump slashing contracts like madman they are cooked.
Anonymous ID: 5/QbUlQl
8/4/2025, 9:39:26 PM No.60738522
>>60735130
>very strange experience
C'mon anon, tell us all about it
Anonymous ID: F58ZaIeh
8/4/2025, 10:02:21 PM No.60738634
I don't understand what these firms do desu. Whenever I hear "consultancy" I just picture some white collar worker doing a powerpoint presentation with SWOT analysis similar to what I did on my business A-Level yet there's a multi billion market around it somehow.
Replies: >>60738801
Anonymous ID: TgHxGD4h
8/4/2025, 10:28:51 PM No.60738801
>>60738634
they do accounting
Replies: >>60740638
Anonymous ID: GZYKZrbw
8/5/2025, 6:23:45 AM No.60740627
>>60735130
wear a suit & tie, sit in a cubicle six days a week, enduring loud chatty women while u stare at a screen
Anonymous ID: szfgruNR
8/5/2025, 6:31:41 AM No.60740638
>>60738801
A few years ago we had a meeting with a consultant and when we asked for advice, he just repeated college sophomore tier generalities, just with much more charisma than a college teacher and a better suit. It's all smoke and mirrors.
Anonymous ID: TVf9etYG
8/5/2025, 6:53:01 AM No.60740692
they support m&a
Anonymous ID: 5nOV0SDr
8/5/2025, 7:46:15 AM No.60740809
>>60735051 (OP)

None of that 4chan hyperbole holds water. PwC U.S. isnot collapsing, and its shareholders—well, that’s all wrong. Here's what’s really happening:

PwC U.S.: Workforce Restructuring, Not Implosion

In May 2025, PwC announced layoffs of around 1,500 employees, about 2% of its ~75,000-person U.S. workforce, mainly in audit and tax. This followed a comprehensive business review and was driven largely by historically low attrition, leaving more staff than needed for current demand .

What staff did leave naturally in prior years used to balance headcount. With fewer voluntary resignations and post‑pandemic overhiring, PwC says it was forced to correct the surplus .

This is the second major cut in under a year—they had earlier cut about 1,800 employees in September 2024 in advisory/product & tech operations.

There’s no indication of a mass exit of partners, no crisis of confidence, and no collapse of internal equity value.

What’s Actually Going On

PwC U.S. is restructuring. The firm recently reorganized its advisory division into eight verticals, embedding managed services across each, and expects to hire thousands in growth areas—not shutter operations or cut deeper programs. No layoffs are tied to that shift .

The strategy: pivot toward consulting, AI-managed services, ESG assurance, advisory, rather than bloated audit/tax headcount.

TL;DR Breakdown

“Imploding faster than WTC7” Dramatically overstated. It’s a lean rebalancing—not a meltdown or company-wide failure.
---

PwC is simply trimming excess in legacy lines and doubling down on advisory and AI/tech-enabled consulting. It's proactive restructuring, not panic. If we were nostalgic for the ‘old-school’ audit world—it’s evolving, not evaporating.

So no—there’s no secret collapse, just tough corporate pragmatism.
Anonymous ID: SF4HWlzB
8/5/2025, 7:47:41 AM No.60740810
>>60737120
Good.
Big 4 accountants are scum, they deserve it.