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KPMG To Lay Off 700 In US, First Among Big 4 Firms To Slash Jobs

The collapse in acquisition activity had an adverse effect on KPMG's advisory business. (File)
The collapse in acquisition activity had an adverse effect on KPMG's advisory business. (File)
KPMG on Wednesday said that it will cut 2 per cent of its staff in the US, FT reported citing an internal announcement.
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