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The Economic Times

Economy / The Economic Times

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KPMG Australia weighs 1,000 job cuts amid audit scandal

KPMG Australia faces significant job cuts and partner pay reductions. This action follows fallout from a recent audit leak scandal. The company admitted mishandling a whistleblower complaint and launched new investigations. Several high-level executives have departed the firm since the scandal broke. KPMG is evaluating various options to address current challenges and future needs.

14 Jul 2026 5:40 pm