PwC

TL;DR

PwC published AI reports marred by AI hallucinations.
The firm has been fined multiple times for audit failings, including over Babcock and China Evergrande.
PwC partners' pay is set to rise, but some payouts have been cut due to the China Evergrande fallout.
The firm is increasing job ads for AI specialists over auditors.
PwC is overhauling its consulting business in response to the rise of AI.
PwC US boss stated that partners resisting AI have no place at the firm.
PwC will drop coverage for weight-loss drugs from employee health plans.
PwC is being investigated by the accounting regulator over its WHSmith audit.
PwC will become the auditor for Shell, replacing EY.
PwC UK applications for graduate jobs have jumped.
PwC picked Canary Wharf for its new London office.
PwC UK boss Amitrano has been given a bigger role in an international shake-up.

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