"I don't think anyone gets a free pass here. Anyone, Griggs told the Financial Times. An employee who thinks they have the opportunity to opt out of AI is not going to be here that long, Griggs added."
"Am I recruiting the same number of accountants and traditional consultants vis-a-vis engineers, on a proportionate basis, that I was three years ago? No, he said. Griggs added that PwC was hiring more data specialists."
"Griggs told the FT that PwC would change some tax and consulting services into AI-powered automated tools that could be paid for with an annual subscription. Traditionally, consultancies bill clients based on the number of hours worked on their projects."
PwC's US boss Paul Griggs has issued a stark warning that partners failing to embrace AI have no future at the firm, stating no employee can opt out of AI adoption. The consulting industry faces disruption from AI's automation capabilities, yet major firms like PwC, Accenture, and McKinsey benefit from clients seeking AI implementation help. Global consulting grew 5.5% in 2025, double the previous year. PwC's employment strategy has shifted significantly, with reduced hiring of traditional accountants and consultants while increasing data specialist recruitment. The firm cut 5,600 staff last year, bringing global employees below 365,000. PwC plans to convert tax and consulting services into AI-powered automated subscription tools, replacing traditional hourly billing models and eliminating the need for consultants in routine client interactions.
#ai-adoption-mandate #consulting-industry-transformation #workforce-restructuring #subscription-based-services #automation-in-professional-services
Read at www.theguardian.com
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