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The Latest Breaking News from PwC

Afternoon Update: Reynolds-Higgins defamation case begins; PwC chief’s $1.2m bonus; and a screaming Egyptian mummy

Liberal senator is suing former staffer over social media posts she alleges damaged her reputation

The Guardian - AU

PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told

Kevin Burrowes received additional salary from the firm’s international arm but did not initially reveal it to parliamentary inquiry into company

The Guardian - AU

Former PwC head grilled over role in tax scandal

The former boss of PwC in Australia, Tom Seymour, has made his first public comments since resigning due to the tax advice scandal.

AAP

From analysis to the latest developments in health,
read the most diverse news in one place.

Artificial intelligence is taking the consulting industry by storm – should we be concerned?

Artificial intelligence (AI) is enjoying a long moment in the spotlight. But debate continues over whether it’s a “shortcut to utopia” or possible harbinger of the end of the world.

The Conversation

Most of Carpetright’s £345m debts are unlikely to be repaid

Customers, suppliers, landlords and Microsoft are owed £213m, say administrators of collapsed retailer

The Guardian - UK

The Usual Suspects: Meet Labour's best pals in the great PFI wheeze

THROUGHOUT the PFI saga the same faces and names kept coming up.

The National (Scotland)

Full list of every Carpetright store set to close following administration

CARPETRIGHT has announced that Tapi has agreed to buy 54 stores however 213 stores will close and more than 1000 jobs will be lost...

The National (Scotland)

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How proper training for employees can help stem AI hallucinations

An expert weighs in on some best practices.

Fortune

Summer Fridays are dead because remote work killed them

Companies are using relaxed schedules and decreased productivity as excuses to reel back the warm weather benefit.

Fortune

Entertainment and Media Revenues Will Grow Despite Disruptions, PwC Predicts

Consultancy forecasts growth in digital advertising and generative AI creating value

Multichannel News

PwC hits the brakes on summer Fridays as growth slows and salaries get squeezed

PwC is cutting the number of half-day Fridays its employees can take as part of measures to imporve its fortunes.

Fortune

“We Can Hear You”: 30 Things Employees Know That Customers Usually Don’t

People nowadays demand higher transparency and accountability from companies, which many just cannot provide. The post “We Can Hear You”: 30 Things Employees Know That Customers Usually Don’t first appeared on Bored Panda.

Bored Panda

Shops and restaurants hope for ‘halo’ effect of Labour win and big weekend of sport

Consumer spending expected to rise during England’s Euro 2024 match and Andy Murray’s Wimbledon swan song

The Guardian - UK

The role of consultants is changing as the rise of managed services turns them from advisors into service providers

Instead of being told what to do, businesses are increasingly looking for strategic partners to step in and run things for them.

Fortune

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The Guardian - AU

Debt collection giant Panthera puts large parts of its business into administration

A Guardian Australia investigation has revealed Panthera had circumvented blacklisting designed to stop it operating in Victoria

Fortune

Half of global workers believe AI will actually boost their salary and increase job security

PwC’s 2024 Global Workforce Hopes & Fears Survey, which polled over 56,000 workers, reveals that many employees expect AI to enhance their jobs rather than eliminate them.

TechRadar

Many workers are grudgingly starting to accept AI in the office

PwC study finds workers are starting to accept AI’s help in the office as they face increasing productivity pressures.

Fortune

A Great Resignation 2.0 is simmering as employees feel overworked and underpaid, forcing them to look for greener pastures

The Great Resignation never really ended. But now employees’ challenges include their being overworked, underpaid, and not ready for AI.

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news in one place.

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RideApart

Kawasaki Now Offers Jet Ski Crate Engines, Get Ready For Crazy Engine Swaps

Kawasaki is now selling crate engines for PWC enthusiasts. The Jet Ski 160 and 310 engines can now be purchased through authorized Kawasaki dealers.

The Conversation

A year after the PwC scandal, the furore is gone – as well as any real appetite for structural change

It was a scandal that rocked the shaky foundations of Australia’s trust in big business early last year.

AAP

The world 'deserves the truth' behind PwC scandal

The PwC tax leak scandal has gone beyond Australian borders and everyone deserves to know who exactly was involved, a senator says.

The Conversation

‘We remain concerned’: Senate inquiry into PwC tax scandal calls for reform, but overuse of consultants will likely continue

The final report of a Senate inquiry kicked off by the PwC scandal has finally been released.

AAP

Billions spent on consultants amid integrity concerns

Australia is spending billions on consulting services despite transparency issues and conflicts of interests, prompting calls to regulate the industry.

Fortune

Women have the edge on soft skills to succeed in the age of AI nd break glass ceiling

LinkedIn says progress on female seniority has stalled. AI could change things.

The Guardian - AU

The PwC scandal sparked scrutiny of advisory firms. Is Australia’s consulting sector about to see a reckoning?

Accountability and regulation are set to be prominent as the federal inquiry releases its final report on Wednesday

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