PwC wants to hire 'hundreds and hundreds' more technologists. Its global boss says it can't find the right people.

Core Insights - PwC is facing challenges in hiring sufficient tech talent, with global chairman Mohamed Kande stating that the firm is looking for "hundreds and hundreds of engineers" but is unable to find them [1][8] - The demand for technologists is increasing as professional services firms shift their focus from generalist roles to specialized tech capabilities, with firms like Accenture and EY significantly increasing their tech workforce [2] - The nature of consulting work is evolving, with traditional strategy advice now comprising only about 20% of McKinsey's work, as firms are increasingly involved in deep implementation and multi-year transformation projects [3][4] Company Strategy - PwC's future business strategy will center around advising clients on AI implementation, indicating a strategic pivot towards technology-driven services [4] - The firm is reconsidering its graduate hiring strategy, potentially reducing it by a third over the next three years, focusing instead on hiring individuals with the right skill sets for specific roles [6][7] - The decision to slow down associate-level hiring is linked to transformation efforts, the impact of AI, and the integration of PwC's offshoring hubs, reflecting a response to rapid technological changes and low attrition rates [7]