KPMG LLP Layoffs

Topics regarding layoffs at KPMG LLP

Digital Nexus

Layoffs yesterday and today. Jobs moving to Mexico and India.

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.

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Post ID: @OP+Xyv2xLA

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

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

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

KPMG-IBM

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 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 Atlanta

What's corporate culture in KPMG Atlanta office?

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Post ID: @OP+uwgXCM9

kpmg nashville

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

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Post ID: @OP+tRx7Ygq

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

Pains...

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

Better?

On a firmwide call yesterday KPMG said they were doing better than their worst case scenario projections, so there's that I guess.

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Post ID: @OP+15jzA9ud

My roommate works for K and he\'s happy

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 

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Post ID: @OP+5fZA2b8

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

Don't Feel Bad

Please read this: http://www.michaelwest.com.au/oligarchs-of-the-treasure-islands/ OK, feel bad now —  read more 

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Post ID: @OP+KeHoDwJ

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

I can confirm that technology was decimated

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.

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Post ID: @OP+c0YTafk

What a joke KPMG is

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 

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Post ID: @OP+c1H9PFO

We all got the ax

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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Post ID: @OP+c2ulSqV

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...

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 

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Post ID: @OP+lw5TDk0

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