The purge is just the start of a multi-year fallout for the business.

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…