PwC has quietly scrapped the pledge made in 2021 that it would add 100,000 to its worldwide headcount by the middle of next year.

PwC shrank its global workforce in the past year and abandoned a five-year hiring target as it grappled with slower revenue growth, internal scandals and the rise of artificial intelligence.

The Big Four accounting and consulting firm’s global chair, Mohamed Kande, quietly scrapped the pledge made by his predecessor in 2021 that PwC would add 100,000 to its worldwide headcount by the middle of next year.

Instead, PwC cut staff numbers by 5,600 in the 12 months to June 30th, according to its annual r

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