From Yahoo Finance: 2025-06-11 10:37:00

PricewaterhouseCoopers (PwC) is restructuring its US advisory division, expanding segments to eight from four to enhance industry-specific offerings by July 1, 2025, in response to increased demand. Managed services will be integrated within each segment for better client support in areas like IT and HR.

The overhaul will split the cyber, risk, and regulation division into two areas and divide the tech transformation division into five platforms to address client needs for specialized support. No job cuts are expected, with thousands of advisory positions being actively filled, following layoffs in other sectors.

Led by US leader Paul Griggs, the restructuring aims to improve operational efficiency, following a global advisory revenue increase of 3.1% in 2024. PwC seeks to enhance consulting capabilities in e-commerce through collaborations with major corporations like Microsoft and Salesforce.

Managed services will closely collaborate with the eight platforms to enhance client operations, with Tim Canonico succeeding Nikki Parham as the leader of managed services. This restructuring highlights PwC’s dedication to adapting to market demands and improving service offerings in a competitive environment, prioritizing individual performance in its operational strategy.



Read more at Yahoo Finance: PwC revamps US advisory division