AI has created a tough job environment for entry-level workers and things aren’t getting better anytime soon — even those with AI capabilities now need “senior-level” skills to land a job.
“AI-exposed entry-level roles are seven times more likely to require traditionally senior-level skills such as judgement and leadership,” consulting firm PwC said in a study released this month.
That’s because AI is changing the traditional career ladder. Companies are increasingly looking for candidates that use the cutting-edge tools and services to amplify their performance and grow faster. “Organizations must rethink how they mentor and train junior staff, helping them step up to complex decision-making much earlier in their careers,” PwC said.
Entry-level job seekers with or without AI skills are already dealing with stagnant wages, layoffs, and stalled hiring.
(The PwC findings echo similar concerns raised late last year in McKinsey’s State of AI report. Many companies are reducing headcount
A HyperEVM yield protocol led by former ex Fidelity and PwC operators has grown from $1.66M to $39M in five months deploying institutional yield strategies, such as delta-neutral and real-world asset strategies that attract capital during DeFi’s pullback.
PwC's penalties highlight the critical need for rigorous auditing standards, impacting investor trust and reshaping the audit industry landscape.
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The Big Four accounting and consulting firms — Deloitte, EY, KPMG, and PwC — advertised more AI-related job postings than traditional auditing positions in 2025, according to a new analysis by the Financial Times.
Nearly 7% of the firms’ job postings required AI expertise, compared to less than 2% in 2022 when OpenAI’s ChatGPT was launched. At the same time, auditing roles accounted for just under 3% of the postings last year. One of the firms also noted that a single job posting could, in some cases, apply to multiple positions.
According to the Times, the hiring trend shows how quickly AI is transforming the consulting and auditing industries. At the same time, the industry is trying to adapt to the fact that AI could undercut the need for certain junior positions.
Traditionally, consulting firms have been built on a “pyramid model” where many younger employees work under a smaller number of senior managers and partners. AI is now expected to automate parts of that workplace arrange
Recently PwC announced it will train and certify 30,000 staff on Anthropic’s Claude and build an Office of the CFO business around it for banking, insurance, and healthcare clients. Anthropic also recently committed $100 million to a partner network. Not to be outdone, OpenAI stood up the OpenAI Deployment Company, aka “DeployCo”, a new company backed by more than $4 billion in initial investment that sends forward-deployed engineers on-site to embed GPT models into customer workflows.
For companies that supposedly sell tokens by the million, investing in low-scale, low-margin professional services could seem like a curious way to spend money. But it’s not curious at all. It’s the tell.
Even as models get easier to swap, the work that surrounds them is not. Developers already move among Claude Code, Codex, Gemini, and local models with less ceremony than vendors would like. At the API layer, substitution is getting easier, too. Not effortless or free, but easier than replacing the work
Chamath Palihapitiya says consulting giants are helping OpenAI and Anthropic build the firms that may replace them. Billionaire venture capitalist Chamath Palihapitiya issued a stark warning to the consulting industry on May 17, calling out PwC and Accenture by name…
OpenAI and PwC are partnering to help enterprises use AI agents to automate finance workflows, improve forecasting, strengthen controls, and modernize the CFO function.
OpenAI launches Codex Transformation Partners, a program with Accenture, PwC, Infosys, and others to help enterprises deploy and scale Codex across the software development lifecycle.