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PwC Commits to Multi-Service Firm as Revenue Crosses $50 Billion

Oct. 3, 2022, 11:01 PM

PwC’s global leader is doubling down on the firm’s commitment to its multi-service business model, but will be watching closely to see how competitor Ernst & Young’s restructuring could alter demand for its offerings and staff.

“We’re staying together,” Bob Moritz, PwC’s global chairman, told Bloomberg Tax in discussing the firm’s double-digit revenue growth from last year. “But we will continue to monitor that.”

A year ago, PwC announced a new strategy for the Big Four firm to bundle together the unique skills that sit across its product lines in order to better deliver ...