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The Economic Times
The Economic Times

KPMG Australia says no decision made on workforce after media report of 1,000 job cuts

KPMG KPMG Australia Australia AFR

SYDNEY - KPMG Australia said on Thursday it had made no ​decision on possible job ​cuts after the Australian Financial Review (AFR) reported that the ​firm plans to eliminate about 1,000 positions or 10% of its workforce following an audit misconduct scandal.

Details on the roles to be eliminated were shared with selected ‌partners this ⁠week, ⁠with leadership urging them to support the new local management team or leave ​the firm, AFR reported without citing a source.

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