That's the rumor, HIA's been hit before and people are talking about possible new cuts very soon - as soon as June 2016 - you never know but I've seen so many rumors materialize, so nothing can surprise me right now as it relates to PwC and layoffs. One thing is for sure, it all depends on your group as some groups are doing better while others are cutting jobs. That's PwC after all, always changing.
Also, I just had a friend start in Audit in Seattle, so that's an example of a healthy market where no job cuts are taking place and they are hiring big time.
Good luck to all!