Thread regarding KPMG LLP layoffs

Impacts so far - KPMG US

KPMG US

  • 50% reduction in draws for partners through Sept. 30.
  • No variable compensation in FY 2020.
  • Hiring freeze.
  • Reduced capital investment.
  • No Encore awards in FY 2020.
  • No summer gifts to employees in FY 2020.
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