PwC's global chairman, Mohamed Kande, predicts that artificial intelligence will likely reduce the number of entry-level graduate positions the firm hires. He explained that while AI integration is central to its future strategy, this shift alters hiring needs, making the previously announced goal of hiring one hundred thousand people over five years unattainable.
Kande confirmed that recent job reductions were unrelated to AI, though he acknowledged the technology is reshaping certain roles. He stated the firm is actively seeking to hire hundreds of AI engineers but faces a shortage of qualified candidates. He also noted that recent global trade turmoil has been beneficial for its consulting business.
Addressing a past suspension in China over its work with Evergrande, Kande committed that such mistakes would not be repeated, citing new personnel and governance systems.
Kande confirmed that recent job reductions were unrelated to AI, though he acknowledged the technology is reshaping certain roles. He stated the firm is actively seeking to hire hundreds of AI engineers but faces a shortage of qualified candidates. He also noted that recent global trade turmoil has been beneficial for its consulting business.
Addressing a past suspension in China over its work with Evergrande, Kande committed that such mistakes would not be repeated, citing new personnel and governance systems.
