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BusinessBusiness Insider3h ago

Read the memo: PwC US is planning big changes to its offshore structure in India

PwC US plans to form a new joint venture with PwC India, Paul Griggs told staff in a memo sent on Saturday.

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AI SUMMARY

# PwC US to Restructure India Operations Through Joint Venture PwC US is establishing a new joint venture with PwC India, as announced by CEO Paul Griggs in a Saturday memo, marking a significant restructuring of the firm's offshore operations. The specific financial impact and terms of the joint venture were not disclosed in the memo, though such restructuring typically affects labor costs, service delivery models, and competitive positioning in the high-value offshore consulting market.

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