PwC unveils ‘The New Equation’

PwC has announced bold plans for its international network. ‘The New Equation’ has been described (by PwC) as “a revolutionary approach to see new opportunities and serve clients as they work to build trust and deliver sustained business outcomes”.

To deliver on this promise PwC reportedly plans to increase its workforce by 100,000 worldwide in 5 years. Expanding the workforce by a third doesn’t come cheaply, and it said it will spend $12 billion to reach its goal.

In the UK overall staff numbers will rise from 22,000 to 26,000.

Global chairman Bob Moritz said: “The profound changes in the world mean that our clients can only succeed by creating a virtuous circle between earning trust and delivering sustained outcomes.”