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The Economic Times

Global Business / The Economic Times

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Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult market

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.

24 Aug 2026 7:46 am