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KPMG to lay off 10% of US audit team after failed retirement efforts

KPMG announced it will lay off 10% of its US audit partners following years of failed early-retirement attempts. The move targets partners in America and marks a significant restructuring.

Why It Matters

The layoffs represent a major workforce reduction at a leading audit firm, with potential implications for clients and the US audit market.

Timeline

1 Event

KPMG to lay off 10% of US audit partners

April 24, 2026

KPMG announced it will lay off 10% of its audit partners in America after years of failed attempts to retire staff early.