KPMG says ‘no decisions have been made’ on staff purge amid reports of 1000 cuts
- Posted on July 29, 2026
- By The Sydney Morning Herald
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- 1 min read
In brief
KPMG denies finalizing workforce reduction plans as speculation mounts about potential layoffs affecting approximately 10% of staff and numerous partners globally. The professional services firm faces mounting scrutiny following a significant whistleblower scandal that has prompted international leadership attention. The company maintains that strategic decisions regarding its organizational structure remain under review, while senior executives convene in Australia to address ongoing reputational challenges and operational concerns stemming from recent corporate governance issues.
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KPMG says ‘no decisions have been made’ on staff purge amid reports of 1000 cuts
KPMG responded to a report it is preparing to shed around 10 per cent of its workforce and dozens of its 600 partners, while members of its global team have jetted to Australia as the company grapples with the fallout from the whistleblower scandal.
