The heads continue to roll at PwC as business declines. Could that be due to a lack of trust?

Hundreds of PwC Australia staff have lost their jobs as part of widespread cuts made within the firm.

PwC Australia staff have been told 366 jobs will be axed as part of widespread cuts announced within the firm on Wednesday.

The firm’s 7200-strong staff were informed at midday on Wednesday that 329 staff and up to 37 partners were losing their jobs major restructure.

All staff who will be included in the cuts will be informed within the coming days about their future with the company.

Anyone affected may be invited to apply for new roles created by the changes in the business structure, PwC said.

The affected partners will be bring forward their retirements over the next nine months to assist the business.

The restructure is reportedly to ensure the business model is simplified in the wake of a controversial year in business.

PwC’s tax practice was discovered to have misused confidential government briefings to assist clients bend the impending tax laws.

“This has been a very challenging and complex process, but an important one, as we realign our business structure with our new long-term strategy,”

PwC Australia CEO Kevin Burrowes said in a statement........

---

He’s no Billy the Kid: Elderly robber allegedly holds up NYC bank — nearly 31 years after last heist

A pistol-packing septuagenarian allegedly held up an Upper East Side bank last week — nearly 31 years to the day after his last bank heist.

Authorities said Sherrod Young of Harlem was foiled by modern-day technology in the March 24 robbery, which stunned his family.

“It’s shocking to everybody,” his sister, Sadie Randolph, told The Post. “My brother is 73 years old. It was such a surprise to everyone.”

The ironically named Young — who has four grown children — entered a TD Bank around 12:15 p.m. on 3rd Avenue and East 96th Street, wearing sunglasses and a mask and waving a loaded .45 caliber Ruger pistol and demanded cash, authorities said.

... Young’s last bank job was at a Bronx bank on St. Patrick’s Day 1994, the FBI said, without providing specifics.

He pleaded guilty to 15 counts of bank robbery and was sentenced to 18 months to three years in prison, the complaint states.

How could Transit Authority officials let this happen?
Lots of questions to ask and be answered.

Death Behind The Wheel: How The CTA Failed A Driver In Crisis
Note: CTA is the City of Chicago Transit Authority public bus & train system.

Antia Lyons passed out on her bus and later died — and no one noticed for nearly an hour. Her death raises questions about the safety of the CTA’s workforce.