Canadian PwC Workers Hit as Hundreds of Jobs Cut in 2023 Global Restructuring

Hundreds of jobs are on the chopping block as PricewaterhouseCoopers (PwC) trims its global headcount.

According to news outlets, including Reuters, the accounting giant plans to lay off approximately 600 employees in the U.K. and nearly 340 in Australia.

The job cuts come as the company continues to look for ways to reduce redundancies while navigating a slowing economy and lower than normal attrition rates.

In 2022, PwC employed a total workforce of nearly 328,000 people, according to its Global Annual Review.

Canadian staff affected

At least two dozen Canadian employees at PwC have contacted Samfiru Tumarkin LLP — claiming that they have been let go by the company.

Our employment lawyers are following up with affected staff and reviewing their severance offers.

Anuja Kale-Agarwal, a spokesperson for PwC Canada, told The Globe and Mail via email that “some limited job reductions” have been made — representing less than two per cent of the company’s Canadian workforce.

PwC employs more than 7,700 people in Canada and has 19 offices across the country.

Two per cent of the company’s Canadian workforce would represent approximately 150 people.

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Lost Your Job? Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at PwC for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.