KPMG: 1,000 jobs cut
KPMG is set to lay off 1,000 employees, representing 10% of its workforce, amid an audit misconduct scandal. The layoffs are part of a broader review of the firm's operating model and cost base. The announcement comes as KPMG faces scrutiny from various government entities in Australia.
Conservative
0
Core Estimate
150
Upper Bound
350
Sources
SA govt makes call on KPMG ban as firm poised to slash jobs - News | InDaily, Inside South Australia
SA govt makes call on KPMG ban as firm poised to slash jobs - News | InDaily, Inside South Australia # SA govt makes call on KPMG ban as firm poised to slash jobs As interstate governments hold firm on KPMG contract bans, the state government is making its own call on the embattled advisory business. SA jobs are now up in the air. Jul 30, 2026, updated Jul 30, 2026 John Sams is the new CEO of KPMG Australia. The South Australian Government is following its own path and not banning advisory