PwC to Cut Around 600 UK Jobs as Resignations Drop

PricewaterhouseCoopers LLP is to slash as many as 600 jobs in the UK in response to a fall in the number of staff leaving the accounting giant to work elsewhere.

The firm, which has 25,000 UK staff, is set to launch a voluntary redundancy program for between 500 and 600 employees, according to a person familiar with the plans. It will move to cut jobs if not enough workers opt for voluntary redundancy. The bulk of the cuts will be aimed at the advisory division, the person said.

PwC is the latest of the Big Four to announce plans to ...