September 24, 2020

Person From Switzerland Has the PwC Playbook Down Pat

[Translated from German to English]

“When the times are good, [PwC] hires young talent en masse, let them work through day and night, and when it comes down to it, put the team out on the street.”

an unnamed PwC Switzerland employee, when asked what they think about the firm’s cost-cutting measures due to COVID-19, which include deferring promotions and raises, partners taking a 20% salary reduction, and possible layoffs.

PwC stops promotions and wage increases [Inside Paradeplatz]

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