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The Economic Times
The Economic Times
National

Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult market

KPMG Australia, embroiled in scandal over the misuse of confidential client information, said on Monday it would cut about 5% of its ‌workforce, affecting 27 partners ⁠and ⁠around 360 employees, and warned of difficult market conditions next year.

Most of the headcount reduction will take ​place in its consulting and business services divisions.

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