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KPMG Scandal Is Turning Into Layoffs
The Big Four mess in Australia is moving from boardroom cleanup to job cuts.

First came the audit scandal. Then came the resignations. Now KPMG Australia is facing redundancy talks that could hit partners and a large number of staff.
That is usually when a scandal stops being a headline problem and becomes an operating problem.
The Cleanup Is Getting Expensive
KPMG Australia is said to be moving through large-scale redundancy proceedings after months of pressure tied to its audit scandal and parliamentary scrutiny.
The rough shape is ugly. Dozens of partners and about 1,000 staff could be affected in September.

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