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PwC Chairman: AI Not to Blame for Job Cuts

11/22/2025

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Story summary
  • PwC's global chairman Mohamed Kande says artificial intelligence (AI) may reduce entry-level hiring but is not responsible for the firm's job cuts.
  • He notes PwC needs hundreds of AI engineers and struggles to find qualified candidates.
  • Some experts warn that AI could threaten junior positions in professional services.
  • Kande says economic changes, including US tariffs, have positively affected PwC's consulting business.
  • The remarks were delivered at a business summit in Singapore.