PwC: 1,800 jobs cut

PwC announced the elimination of approximately 1,800 jobs (2.5% of US workforce), the first cuts of this scale since 2009, spanning from entry-level associates to managing directors. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 1,800 total positions affected, our methodology estimates that approximately 720 roles (40%) are attributable to AI-driven changes. This is part of a broader pattern in Professional Services where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.