KPMG Australia, hit by a scandal, says it will cut nearly 400 jobs and warns the market outlook will be difficult. The announcement links the workforce reduction to the firm’s current circumstances and expected trading conditions.
WHO:KPMG Australia
WHAT:KPMG Australia plans to cut nearly 400 jobs and warns of a difficult market.
WHEN:Reported Aug 24, 2026 at 1:02 AM ET
WHERE:Australia
WHY:The job cuts and market warning are a response to KPMG Australia’s current scandal-hit situation and expected difficult market conditions.
Reporting from 2 identified publishers across this event arc.