PricewaterhouseCoopers

PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 

PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 
PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 
September 11, 2024  |  Personnel

Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s...

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Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
August 04, 2023  |  Banking

The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). Inovia Capital and Founders Circle Capital, joined by...

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PwC: Next Auditing Giant To Overhaul Business
PwC: Next Auditing Giant To Overhaul Business
June 06, 2019  |  B2B Payments

PricewaterhouseCoopers is the next Big Four U.K. auditing giant to overhaul operations amid growing regulatory scrutiny on the industry. PwC is reportedly planning to ramp...

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KPMG Won’t Split Accounting, Auditing Units
KPMG Won’t Split Accounting, Auditing Units
May 20, 2019  |  B2B Payments

Despite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. However, starting on June 1, the company...

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Should Auditors Be Responsible For Catching Corporate Fraud?
Should Auditors Be Responsible For Catching Corporate Fraud?
May 09, 2019  |  B2B Payments

Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and...

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UK Changes Course On Big Four Accounting Breakup
UK Changes Course On Big Four Accounting Breakup
April 03, 2019  |  B2B Payments

The U.K. may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided...

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Small Business Employees, ‘Frenemies’ Threaten Cybersecurity
Small Business Employees, ‘Frenemies’ Threaten Cybersecurity
March 12, 2018  |  B2B Payments

Fraud experts warn it could be a business-shuttering mistake to assume an SMB is less susceptible to fraud than large enterprises. An estimated 86 percent...

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Aztec Exchange May Be Headed For Liquidation
Aztec Exchange May Be Headed For Liquidation
August 24, 2017  |  B2B Payments

A company news message at Irish invoice financing company Aztec Exchange suggests the firm is headed toward liquidation. Aztec Exchange has called for a meeting...

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