KPMG Australia will cut almost 400 jobs amid fallout from allegations it misused confidential client information to win work. The firm is also citing weakening demand for consulting services, compounding the cost and reputational pressure. The actions point to near-term margin and revenue headwinds for the business.
KPMG Australia will cut almost 400 jobs amid fallout from allegations it misused confidential client information to win work. The firm is also citing weakening demand for consulting services, compounding the cost and reputational pressure. The actions point to near-term margin and revenue headwinds for the business.
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strongly negative
Sentiment Score
-0.55
