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KPMG Australia says no decision made on workforce after media report of 1,000 job cuts
KPMG Australia denies making job cut decisions following media reports. The firm is reviewing its operating model and cost base for future challenges. This comes after a significant audit misconduct scandal involving confidential client data. Several high-level executives have already departed the accounting firm. KPMG faces multiple government and professional body investigations.
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economictimes.indiatimes.com
KPMG faces big setback in Australia amid allegations of mishandling confidential data
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…
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afr.com
KPMG will sack dozens of partners, 1000 staff amid audit scandal fallout
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.
