PricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beijing, Shanghai, and other locations are being laid off. The firm faces regulatory scrutiny and client losses, prompting job inquiries from competitors. PwC's mainland China arm could face record fines and operational suspension.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.