KPMG: 450 jobs cut
KPMG is set to cut 450 staff and several partners as part of its cost-cutting initiative known as Project Vector. The decision comes amid a financial crisis linked to a document misuse scandal affecting revenues. The layoffs are part of a broader strategy to stabilize the firm's financial situation.
Conservative
0
Core Estimate
68
Upper Bound
158
Sources
KPMG Project Vector: Firm to cut 450 staff and dozens of partners as cost-cutting plan begins
KPMG Project Vector: Firm to cut 450 staff and dozens of partners as cost-cutting plan begins # KPMG prepares to unleash Project Vector, slashing staff and costs Edmund Tadros Professional services editor Aug 20, 2026 – 2.15pm KPMG’s board is preparing to sign off on the first stage of a cost-cutting plan known as Project Vector next week, with the accounting and consulting firm in discussions about a financial lifeline from its global parent as an ongoing document misuse scandal hits revenu
KPMG to cut almost 400 jobs from Australian arm as it loses contracts after audit leaks scandal - ABC News
KPMG to cut almost 400 jobs from Australian arm as it loses contracts after audit leaks scandal - ABC News Skip to main content Skip to news navigation, settings and search ## Explore the ABC Loading # KPMG to cut almost 400 jobs from Australian arm as it loses contracts after audit leaks scandal By business reporter Nassim Khadem - Topic:Accounting and Auditing Services Posted Mon 24 Aug 2026 at 11:06amMon 24 Aug 2026 at 11:06am, updated Mon 24 Aug 2026 at 4:12pmMon 24 Aug 2026 at 4:1
KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffs - The Economic Times
KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffs - The Economic Times FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return24.08 % Invest Now Business News› News› International› Global Trends›KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffs ##### The Economic Times daily newspaper is available online now. # KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffs SEC
KPMG Layoffs Statistics in Australia 2026 | Jobs Cut, Workforce & Facts - The World Data
KPMG Layoffs Statistics in Australia 2026 | Jobs Cut, Workforce & Facts - The World Data # KPMG Layoffs Statistics in Australia 2026 | Jobs Cut, Workforce & Facts ## What is Happening with KPMG Layoffs in Australia? KPMG Australia confirmed on 24 August 2026 that it will cut 5% of its workforce, comprising 27 partners and approximately 360 employees, making it one of the largest single rounds of job losses at a “Big Four” professional services firm in the country in recent years. The cuts, co
KPMG Australia to Lay Off 5% of Workforce After 17% Slide in Consulting Revenue
KPMG Australia to Lay Off 5% of Workforce After 17% Slide in Consulting Revenue Dark Light Today: 25 August 2026 Investor Dashboard # KPMG Australia to Lay Off 5% of Workforce After 17% Slide in Consulting Revenue by Roman Perkowski 24 August 2026 SYDNEY, August 25, 2026, 00:55 AEST - KPMG Australia plans to lay off 27 partners along with approximately 360 staff members. - Consulting revenue dropped 16.9%, while the firm’s overall decline was 1%. - Accenture, a listed consulting peer, g