PwC Plans to Cut Swiss Employee Bonuses by Half, Sources Say

According to Wallstreetcn, PwC plans to cut bonuses for its Swiss employees by half as the accounting firm seeks to reduce costs amid rising AI use and a challenging economic environment. Sources said the changes were announced in several internal meetings for specific teams over the past few weeks, while a PwC spokesperson said the company does not comment on internal or employee matters and could not confirm or deny rumors about bonuses or other decisions.