PwC Starts Mass China Layoffs After Losing Dozens of Clients


Insurance Journal - Jul 10, 2024

PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an exodus of corporate clients diminished the accounting firm’s revenue prospects in the country. At least 100 staffers from different teams at PwC …...

Read Full Article

Recommended Articles

Allstate Seeking 34% Rate Hike on California Homeowners Insurance

Posted: Jul 12, 2024

Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%...

California Insurance Commissioner OKs Lower Workers’ Comp Benchmark Rate

Posted: Jul 12, 2024

California Insurance Commissioner Ricardo Lara today issued a decreased pure premium rate for worker...

People Moves: Leif Assurance Promotes Worden to Sales Manager

Posted: Jul 12, 2024

Leif Assurance, headquartered in St. Louis, promoted Robert Worden to sales manager. Worden will als...