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International Business Times UK
International Business Times UK
Vinay Patel

INSANE: Pwc axes 1 500 us jobs while splashing millions on pointless rebrand | Rare Historical Photos

PwC's recent decision to cut 1,500 jobs in its US operations has drawn fire, particularly as it coincides with the unveiling of a new, simplified logo as part of a global brand update. (Credit: Pexels)

In a move that has left employees fuming and industry watchers raising eyebrows, accounting giant PricewaterhouseCoopers (PwC) has unveiled a costly brand refresh mere days after slashing 1,500 jobs from its American workforce.

The 'Big Four' firm revealed its redesigned logo on 6 May – swapping its familiar multi-coloured butterfly for two orange parallelograms – whilst simultaneously wielding the redundancy axe across its US operations.

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