KPMG to cut 10 percent of U.S. audit partners after VRS failure

Published on 24 April 2026

Voluntary retirement plan failed, forcing a sharper shakeup

KPMG is set to cut roughly 10% of its U.S. audit partners, a rare move in the consulting world. The restructure, driven by CEO Tim Walsh, follows the company’s voluntary retirement scheme falling short. With pressure building on the audit division, the firm is taking a direct staffing approach rather than relying on attrition to reset costs.

KPMG plans to cut about 10% of U.S. audit partners
The change follows a voluntary retirement scheme that underperformed
CEO Tim Walsh is restructuring the audit division
The move reflects intensifying pressure across consulting and audits

#layoffs #restructuring #audit #kpmg #voluntary retirement

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KPMG to cut 10 percent of U.S. audit partners after VRS failure

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