KPMG LLP Layoffs

Topics regarding layoffs at KPMG LLP

Impacts so far - KPMG US

KPMG US 50% reduction in draws for partners through Sept. 30. No variable compensation in FY 2020. Hiring freeze. Reduced capital investment. No Encore awards in FY 2020. No summer gifts to employees in FY 2020.

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Post ID: @OP+14BYpsiX


I can confirm Lynne stated in the latest video update that “our partners are doing everything possible to avoid layoffs” and that a “reduction in force will be the last resort.” 50% reduced partner draw for the rest of the fiscal year (through... —  read more 

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Post ID: @OP+14l36528

Canada Cuts in Progress (April 2020)

It has started. KPMG Canada offices in several locations are being hammered - the biggest cuts are in Toronto, also hit Vancouver and Calgary. They are going after lower ranked folks, people that were held back - I hate to call them low performers... —  read more 

KPMG layoffs 2019 NOW

Feb. 2019. Advisory across the country. They will never stop. Advisory is never KPMG’s favorite child. Looks like they have been doing the advisory layoffs every 2 years.

Major layoffs at KPMG

This time it's South Africa, nearly 400 people will be cut. This seems to be specifically related to corruption scandals, so whether this will spread to other countries is doubtful but remains to be seen... —  read more 

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Post ID: @OP+TvASrMK

Move to Deloitte or PWC now

Just because we use the term "big 4" doesn't mean that they are in the same category. To be honest, working for KPMG or EY is like being om a minor league baseball team that doesn't even have a good pro team. Please understand this is not intended to... —  read more 

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Post ID: @OP+L2m2jOb

Don't Feel Bad

Please read this: OK, feel bad now —  read more 

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Post ID: @OP+KeHoDwJ

Layoffs in FS Advisory NYC

Ongoing layoffs in NYC For FS Advisory across all levels from MD to SA. About 20 let go so far as of Nov 2016

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Post ID: @OP+KcZunMG

Former Sr Associate

Yup lot of folks have been laid off in credit risk and mortgage and consumer lending practice. Including executive level folks like 1 Director Hemanth Brindavan and One Managing Director Anita Agarwal....

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Post ID: @OP+JqiDaUy

This is from last year

Old news but very interesting indeed: The reduction in the number ‎of partners at KPMG follows a fall in profit to £383m in the year to 30 September, with a modest rise in revenue meaning it was overtaken by EY to become the smallest of the quartet... —  read more 

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Post ID: @OP+IgjQdhW


FYI - SRED = The Scientific Research and Experimental Development (SR&ED) Program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct... —  read more 

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Post ID: @OP+zALlFiI


Possible acquisition? I heard a rumor that IBM might be buying us? What do you think? KPMG-IBM alliance?

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Post ID: @OP+ylhzn3h

KPMG Atlanta

What's corporate culture in KPMG Atlanta office?

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Post ID: @OP+uwgXCM9

KPMG NYC Senior Manager Salary

Can someone share information about KPMG Senior Manager Salary in NYC and Los Angeles areas. Thank you in advance.

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Post ID: @OP+ukHuSOA

kpmg nashville

great office, kpmg nashville is outstanding. joined 2 years ago, still love it.

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Post ID: @OP+tRx7Ygq

I was terminated in July

I was terminated in July. The only explanation was, "this is not based on performance, only numbers. It doesn't make you feel any better.

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Post ID: @OP+rXqAWUT

any news?

any news?

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Post ID: @OP+nTc0P8b

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