Up to 50 roles may go at PwC New Zealand as demand falls

Up to 50 roles could go at major consulting firm PwC New Zealand, as demand falls in its government advisory business.

In the proposal, first reported by the National Business Review, PwC said it was consulting with staff on changing some aspects of that part of the advisory business.

In a statement provided to RNZ, chief executive Mark Averill said, like all businesses, the company was navigating economic challenges.

"While we continue to see strong current and future demand across many parts of our business, we are experiencing an industry-wide reduction in demand for some areas of our government advisory business," he said.

Averill said the company regularly assessed its business and adapted its services to meet changing needs.

"In this instance, we are putting forward a proposal to change some aspects of the current client service model in part of our advisory business," he said.

"We are consulting with the potentially affected teams on this proposal. If it goes ahead, it could mean a reduction of up to 50 roles in this part of our business."

Averill said PwC would not make any decisions until it considered all feedback.

"As we work through this process, care for our people is our highest priority, ensuring that everyone has the right support and is treated in line with our values."