KPMG to cut almost 400 jobs after audit leaks scandal
After publishing: 1 headline quietly rewritten1 change
- afr.comseen 26 Aug, 04:41headline rewritten
KPMG job cuts include 387 staff and partners in cost-reduction program following whistleblower scandalKPMG Australia cuts 5pc of staff as data scandal shrinks demand
What it is about
Who published it, and when
5 reports left out of the cascade - too little in common with the story to place
How it spread - 10 original reports, 3 reprints
Mon, 24 August 2026
5 reports- ABC News (Australia)01:06first to report
Accounting firm KPMG says it will cut 27 partners and about 360 staff from its Australian arm, as well as revamp its structure, as it grapples with lower revenue from lost contracts following the audit leaks scandal.
- afr.com01:08edited after publishing
previously
KPMG job cuts include 387 staff and partners in cost-reduction program following whistleblower scandal - portnews.com.au01:38
KPMG, which has been embroiled in an audit and whistleblower scandal, will cut more than 350 jobs after...
3 reprints
- merimbulanewsweekly.com.au24 Aug, 01:38their copy
- queanbeyanage.com.au24 Aug, 01:38their copy
- yasstribune.com.au24 Aug, 01:38their copy
- indiatimes.com02:16
KPMG Australia plans to cut about 5% of its workforce, affecting 27 partners and around 360 employees, mainly in consulting and business services. The firm reported a 1% decline in annual revenue to A$2.257 billion as government consulting demand weakened, while warning subdued economic growth could persist until 2028.
- asiaone.com06:47
SYDNEY — KPMG Australia, embroiled in scandal over the misuse of confidential client information, said on Monday (Aug 24) it would cut about five per cent 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...
Tue, 25 August 2026
1 report- yahoo.com13:11
The Big Four’s Australia chief executive said he expects rough market conditions through FY 2027 while acknowledging “the challenges created by our own failings.”
Wed, 26 August 2026
1 report- ABC News (Australia)08:24
Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
Mon, 31 August 2026
1 report- ABC News (Australia)18:41
In the wake of scandals about the misuse of confidential information, embattled consulting firm KPMG is losing million-dollar contracts and cutting its workforce. And that's all before the corporate regulator, ASIC, has even opened its mouth.
Wed, 2 September 2026
1 report- ABC News (Australia)19:44
A KPMG whistleblower says the watchdog has to be "dragged kicking and screaming" to investigate alleged misconduct disclosures at the firm.
Fri, 4 September 2026
1 report- ABC News (Australia)05:01
Corporate regulator ASIC tells a parliamentary inquiry major accounting firms KPMG, PwC, EY and Deloitte have revealed 551 complaints in three years about alleged audit misconduct.