Layoffs yesterday and today. Jobs moving to Mexico and India.
Topics regarding layoffs at KPMG LLP
Is anybody really that secure in their position to take that risk? Honestly?
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
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.
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....
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
Ongoing layoffs in NYC For FS Advisory across all levels from MD to SA. About 20 let go so far as of Nov 2016
Just curious if anyone has heard of the layoffs of the former RK partners that were acquired by KPMG now that the contract is up...waiting for karma to come full circle.... :)
I heard rumors, please share if you know more
Possible acquisition? I heard a rumor that IBM might be buying us? What do you think? KPMG-IBM alliance?
Have they started? Many people on the bench in my office...
Can someone share information about KPMG Senior Manager Salary in NYC and Los Angeles areas. Thank you in advance.
What's corporate culture in KPMG Atlanta office?
Is this true, I heard that many offices might be downsizing this year?
great office, kpmg nashville is outstanding. joined 2 years ago, still love it.
Only audit in select north east offices
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.
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
350ish cuts today at kpmg us.......
On a firmwide call yesterday KPMG said they were doing better than their worst case scenario projections, so there's that I guess.
My roommate works for K and he\'s happy. He\'s working insane hours (he\'s on the audit side) but his clients are pretty cool and he\'s doing a bit of \'creative\' tax stuff so that keeps him happy - so, I\'d say the firm is cool. Also, they did go... — read more
any news about potential layoffs by kpmg in the tampa office?
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
Please read this: http://www.michaelwest.com.au/oligarchs-of-the-treasure-islands/ OK, feel bad now — read more
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
THe huge rumor of significant layoff is on Jan 14th at Montvale NJ. IT folks will be hard hit and its time to say goodbye for IT folks as I dont see good career for them here at KPMG. Better join the outsourcing company (IBM in this case). For those... — read more
Not sure this was posted the first time but anyone from KPMG interested in a new position please contact me at [email protected] Thank You ! JDZ
I can confirm that technology was decimated. In my office 8 out of 14 technology people were let go. I've heard a total of over 300 people nationwide will be terminated between April and June.
Sounds like 300-400 positions, (out of a total of around 600-700 IT positions across the US) are outsourced to IBM. People have been told they have either upto April (developers) or June (infrastructure folks) to train IBM-ers and tranfer their jobs... — read more
What a joke KPMG is. From trying so hard to be on the 'best employers work for' list 3 yrs ago to cutting heads left & right now. It's a horrible place to work at now. I doubt they are even hiring but think twice before you join otherwise you will... — read more
June 30th is my last day at KPMG as well.
We all got the ax. KPMG you S**k. More layoff to come. If you think you are safe, your not!
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The firm keeps making strategic mistakes - it continues to hire wrong people and often does not care about good performers. Attrition is too high anyway but with layoffs and similar moves we are cutting into meat.
it's hire/fire culture - when business is booming we overhire, when it goes down we fire people, and we are always late - we are lagging the trend. so do not worry, there will be layoffs but there will also be a lot of hiring, it's the nature of kpmg... — read more
It's that time of the year, if you are on the bench you have a problem - get staffed fast, take anything and do not whine