Embattled professional services firm PwC Australia will swing the axe in a second round of major job cuts in as many years, including up to 37 partners.
The private sector consulting market is not expected to pick up until at least August.The firm is also overhauling its governance and culture as it rebuilds after its tax leaks scandal.
PwC Australia CEO Kevin Burrowes, pictured at the Senate inquiry into consulting in February, has decided to lay off nearly 400 employees.Partners were briefed on the closely-held plans, known internally as Project Maple, in a partner webcast held at 5pm on Tuesday. Staff were informed on Wednesday. The affected staff will be informed over the coming days and, where possible, provided the opportunity to apply for any new roles created by the restructure.amid its tax leaks scandal and about 250 during COVID-19. The largest recent cut by a big four consulting firm was made by Deloitte during the pandemic, when the firm cut 700 staff.
“I’m extremely proud of the contribution every individual at PwC Australia makes to this firm and their ongoing commitment to producing exceptional results for our clients.
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