KPMG responded to a report it is preparing to shed around 10 per cent of its workforce and dozens of its 600 partners, while members of its global team have jetted to Australia as the company grapples with the fallout from the whistleblower scandal.

KPMG Australia has stopped bidding for new Victorian government contracts as an investigation into the alleged misuse of confidential client information deepens. The audit and…

KPMG Australia plans to cut more than 10 per cent of its workforce in September as leadership works to stem the financial hit from its audit misconduct scandal.