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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.

‘We too have to make tough calls’: KPMG lays off 200 staff, mandates pay cuts
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  • Shared by Accountants Daily
  • April 03, 2020
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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”.

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