PwC Cuts 1,500 jobs and 60 partners in middle east after rift With Saudi sovereign fund
PwC has significantly reduced its Middle East workforce, cutting 1,500 jobs and 60 partners, following a dispute with Saudi Arabia's Public Investment Fund (PIF). The PIF imposed a year-long ban on PwC, preventing them from securing contracts in the kingdom, impacting the firm's regional revenue.
PwC has significantly reduced its Middle East workforce, cutting 1,500 jobs and 60 partners, following a dispute with Saudi Arabia's Public Investment Fund (PIF). The PIF imposed a year-long ban on PwC, preventing them from securing contracts in the kingdom, impacting the firm's regional revenue.
