PwC has made job cuts in its Middle East operations, eliminating the positions of approximately 60 partners and 1,500 staff, reported the Financial Times. The downsizing began in February 2025, triggered by a year-long ban by Saudi Arabia’s Public Investment Fund (PIF) on new advisory contracts for the firm, which has had a considerable impact on PwC's business prospects in the region. The ban has led to a reassessment of PwC’s strategy and operations, as its leadership looked to address the anticipate ...