KPMG to cut 5% of US jobs in fresh round of layoffs

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KPMG to cut 5% of US jobs in fresh round of layoffs
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KPMG is laying off 5% of its U.S. employees after feeling the pinch of 'economic headwinds, coupled with historically low attrition,' a spokesperson for the Big Four accounting giant said on Monday.

The KPMG logo is seen at the company's head offices in Parktown, Johannesburg, South Africa, September 15, 2017. REUTERS/Siphiwe Sibeko

The latest round of job cuts would take place through the rest of its 2023 financial year, the firm said.

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