The report is from the second inquiry into the industry after the PwC tax leaks scandal.
Report in wake of PwC tax scandal says firms have been ‘operating in the shadows for too long’.
PwC's latest quarterly report shows just 26 deals were announced or completed in the first quarter of 2024.
The cuts are the second since November, totalling around 3% of the total headcount.
The Australasian wealth management and accounting firm hopes to triple in size over the next five years.
The Senate report says the ongoing cover up is ‘incompatible’ with the firm restoring its reputation
The firm last September reported to Police two separate incidents at its Auckland office.
NBR revealed last month the firm had begun consultation on up to 50 jobs in the consulting arm.
Auckland's Timothy Lindsay and Kim Francis have joined forces with former Dechert partner Mark Mangan.
Braden Dickson departed in early February following firm investigation.