KPMG to cut almost 400 jobs after audit leaks scandal
SYDNEY: KPMG Australia said on Monday it plans to cut about 5.0 per cent of its workforce, mainly in its consulting and business services divisions, affecting…
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Summary
SYDNEY: KPMG Australia said on Monday it plans to cut about 5.0 per cent of its workforce, mainly in its consulting and business services divisions, affecting 27 partners and around 360 employees, and warned difficult market conditions would continue next year. "Changes to our business and the professional services landscape have also reduced the need for some roles in business services," he said. KPMG has been unable to retain most of its ongoing contracts after allegations KPMG audit partners misused client data and then mishandled a whistleblower's complaint about it.
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SYDNEY: KPMG Australia said on Monday it plans to cut about 5.0 per cent of its workforce, mainly in its consulting and business services divisions, affecting 27 partners and around 360 employees, and warned difficult market conditions would continue next year
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"Changes to our business and the professional services landscape have also reduced the need for some roles in business services," he said.
according to ABC News Australia — WorldKPMG has been unable to retain most of its ongoing contracts after allegations KPMG audit partners misused client data and then mishandled a whistleblower's complaint about it.
according to ABC News Australia — World
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