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‘We too have to make tough calls’: KPMG lays off 200 staff, mandates pay cuts

KPMG will part with 200 staff and ask employees to take up to a 20 per cent pay cut as the firm looks to deal with the impact of COVID-19.

by | Apr 2, 2020

‘We too have to make tough calls’: KPMG lays off 200 staff, mandates pay cuts

In an announcement to the firm on Thursday, KPMG chief executive Gary Wingrove said the 200 redundancies- about 2 per cent of its 9000-strong workforce, “simply cannot be avoided”.

Read more at Accountants Daily

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