PwC instructs employees receiving buyouts to send a super-corporate email

In recent weeks, PwC has offered UK buyout packages to its staff. The company has directed employees on how they should communicate their exits and informed them that they cannot discuss the circumstances of their departure. PwC also stated that they would review messages before sending them out to a specific group and that the communications should not be negative in any way.

Although PwC allowed employees to personalize their goodbye messages, the company provided suggested wording that employees could use in their communications. The proposed message included statements such as thanking colleagues, expressing excitement for future opportunities, and acknowledging the challenges of leaving the firm. PwC’s guidance aimed to ensure a professional and positive tone in the exit messages.

Multiple UK offices were offered the buyout program, but the details were not officially communicated firm-wide. The exact number of employees who accepted the buyouts across different UK offices remains unclear. The Big Four accounting firms, including EY, Deloitte, PwC, and KPMG, have made significant job cuts in response to the slowdown in client work, prompting a reassessment of staffing needs.

In November 2021, it was reported that PwC planned to cut up to 600 jobs in the UK while other firms like McKinsey also announced global job reductions. Additionally, Accenture offered incentives to new college hires to delay their start dates reflecting the broader impact of current economic conditions on hiring and employment trends in professional services. The shifting landscape has led to adjustments in recruitment and onboarding processes by consulting firms and other employers to navigate evolving market dynamics.

However, despite these changes, many professionals are still looking for opportunities in the industry. In fact, some companies are experiencing an increase in demand for certain skills such as data analytics and cybersecurity expertise.

One such company is KPMG which recently announced plans to hire more than 500 professionals across various departments including audit & assurance services, consulting services and tax services.

According to KPMG’s Managing Partner for Audit & Assurance Services (AAS), Paul Martin: “We are excited about our plans for growth this year as we continue to invest heavily in our people and technology.”

The company is particularly looking for candidates with experience working with cloud technologies such as Azure or AWS.

“We’re committed to delivering innovative solutions that help our clients succeed,” said Martin.

Overall it seems like while some companies may be cutting back on hiring due to economic conditions others are investing heavily in talent acquisition especially those with skills that are highly sought after by industries worldwide.

By Sophia Gonzalez

As a content writer at newsgreg.com, I am dedicated to crafting engaging stories that captivate our readers. With a knack for turning complex topics into accessible and compelling narratives, I weave words together to inform and inspire. My passion lies in delivering accurate and thought-provoking content that keeps our audience informed and entertained. From breaking news stories to in-depth features, I strive to bring a fresh perspective to every piece I create. Join me on this journey of exploration and discovery through the power of words at newsgreg.com.

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