Markets

Layoffs, pay cuts, and dialed-back recruiting: Here’s how the biggest accounting and consulting firms are cutting costs and shrinking headcount

Professional services firms have been laying off employees and cutting pay as the coronavirus pandemic has hit their business pipelines. Firms have seen clients rein in on spending on consulting and advisory work as economic conditions across industries remain unclear. The question mark over the economy has also led to […]
Layoffs, pay cuts, and dialed-back recruiting: Here’s how the biggest accounting and consulting firms are cutting costs and shrinking headcount
Markets

KPMG axes 1,400 US jobs, cutting roles across its tax, audit, and advisory businesses, as the professional services industry continues to take a hit amid market uncertainty

KPMG, one of the Big 4 accounting firms, laid off 1,400 of its 35,000 US employees Tuesday. The layoff includes 779 tax, audit and advisory employees, the firm confirmed, and additional staff in business process groups, according to a source familiar with the matter. The firm has also cut pay […]
KPMG axes 1,400 US jobs, cutting roles across its tax, audit, and advisory businesses, as the professional services industry continues to take a hit amid market uncertainty
News

How Accenture will lead Australia out of despair

Bob Easton, the new managing director of Accenture in Australia and New Zealand, is also finishing a PhD on human flourishing. This is all about something which, at first glance, appears to have nothing to do with the world of consulting — happiness, caring and empathy. It’s the pursuit of […]
How Accenture will lead Australia out of despair