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Saturday, July 31, 2010

Tampa’s loss is India’s gain, 500 PwC jobs come to India

In what hails as a bad news for IT employees in the US, PricewaterhouseCoopers is laying off about 500 in-house information technology employees — most from its offices in Tampa.

As per a report in AP, the layoffs will slash the ranks of PWC’s IT support staff by nearly half, from 1,100 to 600. This laying off has been done to have a better coordination of IT services between UK and the US.
Thinking about affected employees, PWC is encouraging them to apply for other open and new positions, and will provide severance packages for those who aren’t rehired.

As per other reports, many of these positions will go overseas and will be taken over by another company in India.
This is the second time PWC has cut jobs in Florida. Earlier this year, the firm cut back its tax practice in Orlando.

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