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The Latest Breaking News from PwC

Is AI going to steal your job? Probably not, new study finds

Euronews Next spoke to PwC’s Global Chief AI Officer to ask if AI will really take our jobs.

Euronews

Justin Bieber’s ‘out of control’ spending habits blamed as his massive debt of millions is exposed

The singer's life is much more imbalanced than fans feared.

We Got This Covered

Consultant denies helping school-builds boss land job

A former colleague of a school infrastructure boss central to a corruption probe has denied she was friends with him but admits she reviewed his resume.

AAP

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An AI tool has become so useful to junior lawyers at PwC that ‘there’d be a riot’ if the firm took it away, says partner

If AI handles the tedious work, it can free up younger attorneys to gain the kind of experience that leads to promotions.

Fortune

PwC Axes 1,500 US Jobs While Splashing Millions on 'Pointless' Rebrand

Global accounting giant PwC is facing criticism for laying off 1,500 US employees while simultaneously undertaking a costly brand refresh.

International Business Times UK

The French Navy Just Built An Unmanned Kamikaze PWC, Because Of Course They Did

Personal watercrafts—those loud, zippy machines that scream summer fun—are normally all about carving waves, pulling off questionable stunts, and annoying everyone at the beach. But now? They’re also about blowing stuff up. Yes, we’ve officially reached the point where something you’d usually see at a resort is being turned into…

RideApart

Winning AI adoption strategies from 4 leading companies

Marriott, PwC, Ikea, and S&P Global are driving employee-led digital transformation via AI—with business lessons for all.

Fortune

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F1 signs PwC as official consulting partner from Miami GP onwards

PwC has become Formula 1's official consulting partner meaning it will offer its services to the series in exchange for branding opportunities from the Miami Grand Prix onwards.

Autosport

Why a top HR executive at PwC says that in an AI-fueled labor market skills-based collaboration is essential

Managing director Kimberly Jones says that employees at the company pick who they want to work with based on their skills, not titles.

Fortune

Family offices deals were booming but Trump's tariffs have put an end to that

Family offices are doing more deals worth $25 million or more.

Fortune

Just a few years into joining the world of work, 4 in 10 Gen Zers are ready to quit and survive on unemployment benefits instead

Many Gen Z workers are already over the nine-to-five grind of work. A PwC report warns that the huge pool of unemployed young people—or NEETs—is about to get bigger.

Fortune

Should European countries reconsider their plans for Big Tech taxes to avoid US tariffs?

Tax or tariffs? Officials in the UK and Poland are debating what they should do regarding proposed and passed digital sales taxes to potentially avoid new US trade barriers.

Euronews

How Australia’s government is spending less on consultants – and trying to rebuild the public service

The post-Covid era has been marked by a global crackdown on government spending on consultants. This phenomenon hasn’t only concerned France, where the “McKinsey-gate” episode concerning President Emmanuel Macron’s 2017 campaign for the Élysée led to a Senate inquiry and spending cuts.

The Conversation

PwC fined £2.9m over audit of Sanjeev Gupta’s Wyelands Bank

FRC severely reprimands accountancy group and one of its former main auditors after ‘serious failings’ in 2019

The Guardian - UK

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Geekflare

AI Takes Over Business Operations: Oracle Launches AI Agent Studio

Oracle has launched its AI Agent Studio for Fusion Applications, a tool designed to help businesses create, customize, and manage AI agents. It is part of

Fortune

There are plausible explanations for the $1.4 billion gap on Tesla's financial statements

An accounting expert told Fortune one could not accuse Elon Musk's company of wrongdoing just by looking at its financial statements.

The Guardian - UK

Rate of UK shop closures expected to rise after budget tax changes – report

More than 12,800 stores shut in 2024, down on 2023, but extra costs expected to take toll this year, study suggests

The Independent UK

37 per cent of Generation-Z consider leaving their jobs

PwC warned of rising levels of economic inactivity

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The Independent UK

A quarter of young workers have considered quitting due to mental health issues

People under 35 were more likely to quit workforce because of mental health challenges

Evening Standard

Millennials and Gen-Zs more likely to quit work over mental health concerns

Employees under the age of 35 were more likely than their older counterparts to exit the workforce because of mental health challenges

RideApart

Some Idiot Sank a Tesla Cybertruck After Launching a PWC

I've said this before, I'll say it again, and I'll say it right to the face of the owner, but the Tesla Cybertruck isn't a real truck. It's a garbage can on wheels. And a garbage can that breaks a lot, can't actually tow, haul, or do any real truck…

TechRadar

Business investors are positive about AI’s impact on the economy

PwC report finds investors are optimistic about economic growth in 2025 as they bank on an AI-enhanced workforce.

Fortune

Deloitte says office attendance will be considered as part of some employees' performance reviews to decide their bonuses

Deloitte, a proponent of flexible work, has added office and client site attendance to its performance metrics for a team in the US.

The Guardian - AU

From the Pocket: after an off-season clouded by tragedy, high farce and a cyclone, let the games begin

Trouble has followed the AFL and its clubs across the summer with the season to now launch with only two matches in Sydney this weekend

The Guardian - UK

UK awarded its lowest ranking for workplace gender equality in a decade

‘Sluggish’ pace in tackling gender pay gap and worsening employment levels push UK back to 18th in PwC index of OECD countries

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