Professional services firm PwC will commit $125 million to preparing 25,000 Black and Latinx students for business careers, and Tim Ryan, U.S. chair and senior partner, says the company will endeavor to hire 10,000 of those students over the next five years.

“We’re going get them ready for the workforce, to create internships, and training opportunities,” Ryan told Fast Company. “Ten thousand will come to us, which is important, but we will be equally proud of the [other] 15,000 we’re going to help because that then gets to solving the broader societal problem.”

PwC’s diversity hiring commitment is part of a broad series of announcements the global firm unveiled Tuesday. The U.S. operations will reorganize into two businesses: Trust Solutions, which includes tax reporting and assurance, and Consulting Solutions, which will serve corporate customers in areas such as cybersecurity and deals.

More in category

U.S. home-price gains set new record in May, Case-Shiller finds
July 27, 2021MarketWatch
U.S. home-price gains set new record in May, Case-Shiller finds
Gold edges lower after first close below $1,800 in nearly 3 weeks
July 27, 2021MarketWatch
Gold edges lower after first close below $1,800 in nearly 3 weeks
Oil prices edge higher as traders play down worries over delta variant
July 27, 2021MarketWatch
Oil prices edge higher as traders play down worries over delta variant
Everything’s bigger in Texas — sentence more than doubled for man who ran second fraud while on trial in multimillion-dollar cattle scam
July 27, 2021MarketWatch
Everything’s bigger in Texas — sentence more than doubled for man who ran second fraud while on trial in multimillion-dollar cattle scam
Dow win streak at risk ahead of tech results as China crackdown threatens rally
July 27, 2021MarketWatch
Dow win streak at risk ahead of tech results as China crackdown threatens rally
How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013
July 26, 2021MarketWatch
How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013
This could be the peak of the tech boom: Here’s what to look for
July 26, 2021MarketWatch
This could be the peak of the tech boom: Here’s what to look for
Tether executives under federal criminal investigation, report says
July 26, 2021MarketWatch
Tether executives under federal criminal investigation, report says
Watch for the Fed to tiptoe toward tapering this week
July 23, 2021MarketWatch
Watch for the Fed to tiptoe toward tapering this week
Stagflation is ‘a legitimate risk’ that would be painful for U.S. markets
July 24, 2021MarketWatch
Stagflation is ‘a legitimate risk’ that would be painful for U.S. markets
What will Apple say about the next iPhone at earnings time? Maybe more than usual
July 23, 2021MarketWatch
What will Apple say about the next iPhone at earnings time? Maybe more than usual
Lucid stock jumps 11% in its Nasdaq debut
July 23, 2021MarketWatch
Lucid stock jumps 11% in its Nasdaq debut
Facing antitrust bull’s-eye, Google stock still at record highs because ad sales are sizzling
July 23, 2021MarketWatch
Facing antitrust bull’s-eye, Google stock still at record highs because ad sales are sizzling
Opinion: Ethereum, the No. 2 behind bitcoin, fights off challengers that offer cheaper and faster blockchains
July 23, 2021MarketWatch
Opinion: Ethereum, the No. 2 behind bitcoin, fights off challengers that offer cheaper and faster blockchains
This Warren Buffett Pick Is Almost Guaranteed to Double Your Money Over a Decade
July 27, 2021The Motley Fool
This Warren Buffett Pick Is Almost Guaranteed to Double Your Money Over a Decade
China’s tech giants slammed for second day as Hang Seng dives
July 27, 2021MarketWatch
China’s tech giants slammed for second day as Hang Seng dives
COVID-related global chip shortage will make back-to-school shopping more expensive
July 26, 2021MarketWatch
COVID-related global chip shortage will make back-to-school shopping more expensive
Why I decided to quit my retail job and join the Great Resignation
July 27, 2021Fast Company
Why I decided to quit my retail job and join the Great Resignation
Home prices soar 16.6% annually in May, most on record
July 27, 2021FOX Business
Home prices soar 16.6% annually in May, most on record
Dem-sponsored changes to death taxes could cost almost 1M US jobs, study finds
July 26, 2021FOX Business
Dem-sponsored changes to death taxes could cost almost 1M US jobs, study finds
NBA's Oklahoma City Thunder arena will be called Paycom Center in 15-year deal
July 27, 2021CNBC
NBA's Oklahoma City Thunder arena will be called Paycom Center in 15-year deal