Knock Outs across state lines today with KPMG sacking 101 staff in the Melbourne and Sydney offices.  According to one

Accounting firm fun times

‘completely out of the blue. Everyone is dismayed but at the same time hopeful that the b%stards will stop at this regrettable, yet curious, number.’

This takes the accounting firm total into unchartered territory, with PwC the only firm thus far to have wielded the GFC axe. The Price partners swung the axe in uncompromising fashion over two periods; before and after xmas. No doubt KPMG staff are wondering if there is 99 redundancies yet to be made …

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