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Why EY Is Restructuring Its Global Footprint Right Now
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Subscribe30 JUN 2025 / BUSINESS
In July 2025, EY and PwC started massive reorganizations, with EY reducing management layers and PwC reforming its US advisory division, followed by KPMG merging national partnerships and investing $210 million in India. Faced with dwindling margins, heightened oversight, and scandal, the 'Big Four' accounting firms are making drastic changes to their structures and operations in an effort to adapt to a shifting risk landscape, increase agility, and futureproof their businesses.
When one Big Four firm sneezes, the rest start reaching for tissues. In July 2025, both EY and PwC kicked off sweeping reorganizations, EY by slashing regional management layers and PwC by revamping its U.S. advisory division. KPMG, not to be left behind,...
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