Type
Internal restructuring
Country
United Kingdom
Region
London; Inner London; Inner London - East
Location of affected unit(s)
London
Sector
Professional Services
Professional Legal And Technical Acconuting Activities
Legal And Accounting Activities
69.2 - Accounting, bookkeeping and auditing activities; tax consultancy

100 - 200 jobs
Number of planned job losses
Job loss
Announcement Date
5 December 2008
Employment effect (start)
Foreseen end date

Description

PricewaterhouseCoopers , one of the world's biggest accounting firm, has announced that it is to offer voluntary redundancy to between 100 and 200 of its staff at its office in London. 

The company employs 16,000 people worldwide, although it is not known how many of these work at the London office. The company attributed the cut to current economic conditions. As of 7 December 2008, PricewaterhouseCoopers has not announced when these redundancies will be made.


Sources

  • 5 December 2008: Financial Times

Citation

Eurofound (2008), PricewaterhouseCoopers, Internal restructuring in United Kingdom, factsheet number 67566, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67566.