The Big Four firm has proposed cutting around 200 roles across its corporate services division, months after eliminating more than 500 positions in its audit and advisory businesses as it continues a wider restructuring programme.
"It's extremely frustrating and disruptive when services aren't available, and I am sorry for the impact that this has had on so many people,” said Vicki Brady, Chief Executive, Telstra.
PwC has launched targeted voluntary exits within its audit practice, becoming the latest Big Four firm to reduce headcount as slower market conditions and lower staff attrition reshape workforce planning across the sector.
The IT services giant is expanding its AI workforce with 15,000 specialised roles, betting that skilled talent, rather than technology alone, will determine whether enterprises realise AI's business value.
Employees are spending hours managing AI instead of benefiting from it, while fewer are willing to go beyond their job descriptions. Together, 'botsitting' and 'effort recession' are emerging as two of the biggest workplace challenges HR leaders need to understand.
