PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009
It’s always disheartening to hear about companies laying off employees, especially in such large numbers. The recent news of PricewaterhouseCoopers (PwC) planning to lay off 1,800 employees in the U.S. is certainly troubling, particularly given that this is the first formal round of cuts since 2009. The fact that this announcement was made on September 11, a day of remembrance for the firm’s lost colleagues, adds an additional layer of complexity to the situation.
The comments and reactions to this news highlight the mixed feelings that many people have towards large corporations and their practices. Some suggest that PwC may be cutting employees who bring negative value to the company or that the management itself is at fault for the layoffs.… Continue reading
John Q. Hosedrinker