KPMG Australia plans to cut about 5% of its workforce, affecting 27 partners and around 360 employees, mainly in consulting and business services. The firm reported a 1% decline in annual revenue to A$2.257 billion as government consulting demand weakened, while warning subdued economic growth could persist until 2028.

KPMG’s new boss is cutting 380 employees and partners in what is expected to be just the first wave of job losses following the whistleblower scandal.

Accounting firm KPMG says it will cut 27 partners and about 360 staff from its Australian arm, and revamp its structure as it grapples with lower revenue from lost contracts…

KPMG Australia plans to cut about 5% of its workforce, affecting 27 partners and around 360 employees, mainly in consulting and business services. The firm reported a 1% decline…