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PwC | Global news | Crisis

An overview of PwC global news:

China

PwC braces for severe regulatory penalties in China over Evergrande scandal The Chinese arm of PwC is bracing for significant regulatory penalties following its involvement in auditing the troubled property developer Evergrande.
22 August 2024
China

PwC fires hundreds of staff in China amid Evergrande fallout PwC has been forced to fire hundreds of staff in China following a nosedive in accounting revenues from mainland-listed clients, and is anticipating further moves as the fallout from its Evergrande s
18 July 2024
Australia

PwC sends global leaders to Australia to damage control spiralling crisis Facing the risk of spiralling global crisis, PwC is scrambling to contain the damage caused by the ‘government leak scandal’ in Australia.
12 May 2023
Singapore

Singapore tech startup scene poised for rebound after Covid-19 Funding has dried up for technology startups in Singapore since the start of this year, although PwC expects a resurgence in the near future as new opportunities emerge.
26 October 2020
Australia

PwC stabilises revenue and limits Covid-19 job cuts to 250 Big Four firm PwC has stabilised its income in its latest financial year, despite seeing several months of its reporting period impacted by the Covid-19 crisis.
03 August 2020
Australia

Working from home is making Melbourne a nicer place to live The Covid-19 pandemic and all that comes with it is driving up the liveability of Melbourne’s middle and outer suburbs, according to an analysis from PwC.
23 July 2020
Australia

Covid-19 cost-cutting response of PwC, Deloitte, EY and KPMG Big Four accounting and advisory firms are embarking on cost-cutting measures while trying to minimalise job cuts, according to new reports from Livemint.
23 April 2020
Kenya

PwC executive on Kenya's regulatory landscape under Covid-19 PwC Kenya’s Head of Regulatory, Compliance and Advisory Joseph Githaiga has addressed some of the concerns surrounding privacy and regulatory violations during the Covid-19 crisis.
17 April 2020
Australia

Work from home culture an opportunity for IT services The current ‘work from home’ culture forced upon people due to the Covid-19 crisis will drive significant benefits for providers of IT services, according to PwC partner Mohammad Chowdhury.
09 April 2020
Australia

PwC transitions its employees to part time contract PwC Australia has become the latest of the Big Four to announce a set of measures to curb the Covid-19 induced financial strain.
09 April 2020
Australia

Consulting firms slashing pay and laying off staff to stay adrift Earlier confident they could withstand the business threat from the coronavirus outbreak, Australia’s leading professional services firms have now been forced into action.
06 April 2020
Asia

What consulting firm PwC has to say about the coronavirus As the coronavirus outbreak continues to spread across the globe, so to the information overload from around-the-clock coverage. Here’s what PwC has to say about the coronavirus .
18 March 2020
Asia

Consultancies defy reputation by restricting travel in coronavirus response A notoriously mobile industry is being grounded by the lethal coronavirus epidemic in China, with the accounting and consulting Big Four among those forced into action.
31 January 2020
Australia

Big Five consultancies rally at a time of need for Australia The Big Five consulting firms are rallying around as Australia faces a monumental crisis.
13 January 2020
Asia

PwC releases corporate crisis analysis covering 4,500 events Professional services firm PwC has released a first-of-its-kind Global Crisis Survey, described as most comprehensive repository of corporate crisis data ever assembled.
01 July 2019

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