Staff at audit and accounting firm PwC Australia are on the edge of their seats following an announcement yesterday that it will axe 366 jobs over the coming days, as the company continues to struggle after selling its government consulting arm. That came about after a scandal last year revealed that some senior partners misused confidential government information to help big companies avoid paying more tax. That saw CEO Tom Seymour quit and 9 senior partners stood down, and the whole chapter prompted the Albanese Government to crack down on tax advisor misconduct. Now, as part of a major restructure, 329 staff and up to 37 partners will lose their jobs. Current CEO Kevin Burrowes says it has been a “very challenging and complex process” but an “important one” as they realign their business structure with a “new long-term strategy”.