PwC Australia announced on Wednesday that it would undertake further job cuts, totalling an additional 329 positions, as part of a significant restructuring effort following a national scandal.
This decision comes in the wake of a controversy where a former partner leaked government tax plans, leading to profound repercussions for the firm.
The latest reduction represents approximately 5 per cent of PwC Australia’s workforce, with up to 37 partners set to accelerate their retirement within the next nine months.
CEO Kevin Burrowes emphasised the significance of this restructuring, stating, “This has been a very challenging and complex process, but an important one, as we realign our business structure with our new long-term st…
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