PwC & EY UK has seen 150+ Partner reductions

• PwC UK and EY UK have both trimmed their partner ranks. 
• Why? In a bid to protect profits as consulting demand slows and costs rise!
• In 2024 alone, PwC parted ways with 124 partners, while EY saw 50 partners exit and is now preparing to cut 30 more partners in early 2025.

Why drop in Big 4 Partners?

Pandemic Boom, now a slowdown

During COVID-19, companies relied heavily on consulting to manage remote work and supply chain challenges.

But now?

Inflation and rising interest rates have led companies to cut back on advisory services.