Economic TimesLean R·
KPMG Australia plans to cut 5% of jobs
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.KPMG Australia CEO John Sams said in a statement the firm recognised "challenges created by our own failings, and the work we must continue to do to reb…
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