Focus
PwC
100 Staff Expected to Go in News Corp Australia Restructure
The Australian arm of the international media giant will aim to save $65 million amid a falling advertising market.
PwC Accused of Inflating Evergrande’s Income by $77 Billion
PwC is now one of three of the Big Four accounting firms working in China who have been embroiled in financial scandals.
Embattled PwC to Lay Off More Than 300 Staff
Added to recent layoffs by KPMG, Deloitte and EY, almost 1,200 staff have been jettisoned from the Big Four firms since early 2023.
ATO Frustrated at PwC’s Alleged Attempt to Hide Information
The ATO accused PwC of hiding information about six overseas staff who got confidential government documents from its Australian branch.
Vacuum Cleaner Retailer Collapses After 93 Years of Operation
The business cited the impact of the COVID-19 pandemic and challenging economic conditions as the main reason for the collapse.
More Big Companies Set to Collapse in 2024, Industry Experts Warn
Insolvency experts predict a surge in business failures in 2024, citing the ‘double whammy’ of high borrowing costs and pressure on consumer budgets.
Big 4 Firms Lay Off Hundreds of Staff Amid Looming Economic Downturn
‘We are in a challenging and uncertain environment,’ said EY Australia Managing Partner David Larocca.
