KPMG Australia to cut costs with hundreds of planned layoffs and partner pay review
SOURCENews reportView the filing ↗
What we know
Location: Australia.
Based on news reporting.
Summary
KPMG Australia announced major cost-cutting measures that include plans for 'hundreds' of job cuts and a review of partner pay. The firm said it will reduce costs across its Australian operations as part of a broader restructuring, though the announcement did not provide a precise timetable for when the layoffs will occur. The article characterizes the workforce reduction as numbering in the hundreds; no specific departments were named. The measures are presented as planned actions to address financial or operational pressures and include changes to partner remuneration alongside staff reductions.
KPMG cut 300 jobs.
That is roughly 0.1% of the 265,000 people KPMG employs.
LayoffTalk has tracked 4 layoff events at KPMG, with 4 additional events known from news reporting.
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Estimated figure based on news reporting. Not yet confirmed by KPMG.
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