“The war for talent is over. Talent won,” Tim Ryan, US chair of PricewaterhouseCoopers, said recently at the CNBC Work Summit. As an economic downturn, waves of layoffs, and return-to-office mandates change the way many organizations are approaching their talent strategies, we reached out to Ryan to learn more about whether that statement holds. Here is a transcript of our conversation, lightly edited for length and clarity:

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