Big Four cut vacancies as advisory demand eases |
Analysis from labour market analytics website Vacancysoft shows that the Big Four have not only announced job cuts in recent months but also scaled back their UK vacancies. The report shows that while firms ramped up hiring during a post-pandemic boom in demand for advisory services, they are now starting to cut back. PwC reduced its vacancies to 786 in 2023, with this down nearly 60% on the 1,949 recorded the year before. EY’s vacancies fell by 55%, from 1,699 in 2022 to 766 last year. Deloitte posted 721 vacancies, with this just under half of 2022’s total, while KPMG reduced vacancies from 2,111 to 1,800, a decline of 15%.