As KPMG staff head to the Poo Polls in the next few days, the latest rumour floating about the office is apparently that, if partners are
This from a KPMG spy earlier today:
After the second wave of redundancies, most of us thought the intention was to get the national number of employees down from 4500 to 4000. So far 200 have gone. It has been made pretty clear that if the partners dont get the 70% [ed: which is required to implement the scheme], more people will be sacked. the rumours around here are that it could be as many as 300 more.
This sounds alot like the ‘optional’ leave of absence scheme implemented by PwC.
Although unverified, this rumour does seem to eerily accord with comments from another KPMG insider published in the AFR (12/06) in relation to claims the firm is ‘managing’ people out of jobs :
Usually you would get told [in performance reviews] you’re doing well… now you feel that if there’s another wave of redundancies, you’ll be shoved out the door.
How many workers do you think will face the sack if KPMG partners dont get 70% of employees supporting the initiative?
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