KPMG Australia cuts 400 jobs amid ongoing scandal, slowed demand for consulting services: Report

Monday, August 24, 2026 - 13:35
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KPMG Australia cuts 400 jobs amid ongoing scandal, slowed demand for consulting services: Report
KPMG Australia is cutting around 400 jobs, or 5% of its workforce, amid weak economic conditions, falling consulting demand, and the fallout from a scandal involving confidential client information. Revenue and partner pay also declined, while its CEO expects tough conditions to persist.

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