KPMG will lay off about 330 employees, under 4% of its U.S. audit workforce, due to market changes.

KPMG plans to lay off approximately 330 employees, representing less than 4% of its U.S. audit workforce. This decision is part of the firm's strategy to realign its workforce in response to low voluntary turnover and changing market conditions. The layoffs will primarily affect audit associates and managers, but not partners. This follows previous layoffs of about 5% of its U.S. staff in June 2023 due to similar challenges.

November 04, 2024
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