Arabic version: كي بي إم جي أستراليا تلغي نحو 400 وظيفة بعد تسريبات التدقيق

According to The Guardian, KPMG Australia is cutting 27 partners and about 360 employees following an audit leaks scandal that resulted in the firm being barred from new government contracts. Most of the affected workers are in its consulting business.

The audit and consulting group reported revenue of $2.26bn for the 2025-26 year, a 1% decline from a year earlier. Its audit arm recorded 11% revenue growth, while consulting revenue fell 16.9%.

John Sams, KPMG Australia’s new chief executive, said weak demand for the firm’s services was expected to continue beyond the next 12 months, citing Australia’s weak economy. He also pointed to changing client expectations, the effect of AI on service delivery and lower government spending on consultants.

Sams said the firm also faced challenges from its own failings and needed to continue rebuilding trust. He said the workforce reduction and restructuring had followed careful consideration and would have “a very real impact on people”.

KPMG said it was discussing further cuts involving a small number of award-based roles. Sams said the company would keep assessing its operating environment as it sought to remain financially sustainable.