KPMG slashes nearly 50 jobs in early consulting restructure

KPMG slashes nearly 50 jobs in early consulting restructure
Jason Doherty says the firm needs to reshape its Consulting operating model. (Image: NZME)
Dileepa Fonseka
KPMG is proposing a plan to restructure its consulting business, which will result in the layoffs of nearly 50 people.A spokesperson for KPMG confirmed in a statement that the firm shared the plan with its staff on Friday. “The firm’s proposal for reshaping this area of operations means it is having to make some difficult decisions regarding its people, and this has resulted, after careful consideration and consultation, in almost 50 redundancies being advised today.”KPMG chief executive Jason Doherty said the firm&#...

More Economy

Rams Logistics owed $3.2m to IRD
Economy

Rams Logistics owed $3.2m to IRD

About 50 employees are owed approximately $760,000, the liquidators said.

Paul Bloxham: NZ's growth to stem worker outflow to Australia
Economy

Paul Bloxham: NZ's growth to stem worker outflow to Australia

HSBC's chief economist says NZ will benefit from Chinese economic pivot.

Capital requirements review doesn't mean they are too high
Economy

Capital requirements review doesn't mean they are too high

The Reserve Bank of NZ is not committed to any one particular outcome. 

Rebecca Howard 07 May 2025
Jobs figures firm up expectations for further RBNZ rate cuts
Economy

Jobs figures firm up expectations for further RBNZ rate cuts

Unemployment remained unchanged at 5.1% in the March quarter.

Rebecca Howard 07 May 2025