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PwC didn’t lay off a single person for covid in the US. Just for clarity.
Rising Star
It's definitely a hedge, but there are other hedges that consulting firms can develop. Look at ACN and their managed services business.
Pro
Deloittes been expanding the products we build and sell as services, I’d put money that that becomes our hedge in the next decade
Yeah audit is the least growth margin portion of most consulting firms so not a huge factor