The move has caused some consternation as you’d expect. But on top of that observers have begun to take a closer look at how the firm has been operating recently. And they don’t really like what they see.

Why? In a word: Outsourcing.

St Petersburg Times: PricewaterhouseCoopers has cultivated an image as one of corporate America’s upper-tier workplaces. Competitive pay. Great benefits. A perennial on Fortune’s list of Best Places to Work.

Human resources experts with the company have preached to clients about effectively managing workers and using layoffs as the last option in times of crisis.

However, interviews with a half-dozen current and former Pricewaterhouse employees support a different picture of a financial evolution within the company in recent years. The accounting and professional services giant, known as PwC, has quietly and methodically slashed hundreds if not thousands of well-paying jobs, offshoring many functions to cheaper labor overseas.

Check out the rest of this article at the St Petersburg Times For PricewaterhouseCoopers, layoffs pad bottom line

Another British giant making friends in America.