Please ensure Javascript is enabled for purposes of website accessibility
January 28, 2023

Layoff Watch ’20: About 40 People In KPMG’s Marketing Department Got Some Bad News to Start the Week

In addition to the 350 or so people who we were told lost their jobs in the KPMG Digital Nexus group on Monday, we learned from a source that at least 40 people in KPMG’s marketing department were also laid off that day.

A KPMG spokesperson confirmed Monday’s marketing layoffs this morning but couldn’t comment on how many people were let go. The official statement from the firm:

“We’ve had a long-standing and multiyear effort underway to transform certain business enablement areas of our firm to ensure we have the right skills and capabilities in the right positions. We started this transformation — which includes a realignment of our resources — nearly two years ago. These long-planned actions are unrelated to COVID-19 or the economy.”

The source told us that the layoffs occurred across all teams within marketing—research, digital, brand strategy, functional marketing, and field marketing.

A number of people had been there 20 plus years. This after they just went through hiring spree last 9 months.

When asked what reason the firm gave for the separations, the source told us:

Reduction in force based on poor performance outlook over next 12 months.


Feel free to send us more details about the KPMG Digital Nexus and marketing layoffs by contacting us using the info below.

Good luck to everyone who got laid off this week.

Related article:

Layoff Watch ’20: Some KPMG IT Folks Were Told Their Services Are No Longer Needed

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles


An Audit Associate at KPMG’s NYC Office Has Died

I debated even posting this at all but everyone is already talking about it and maybe it will encourage someone reading it to get help if they too are struggling. On Thursday, a recently-hired audit associate working out of KPMG’s New York City office at 345 Park Avenue committed suicide. There appears to be just […]


EY Germany Gives 40 Partners and 380 Staff the Boot to Boost Profitability After That Whole Wirecard Thing

EY has been tightening the purse strings over the past several months ahead of the big Project Everest split, the vote on which remains delayed and should happen before the end of this quarter. The firm did not hand out mid-year bonuses in December and sources say that travel, training, and even hiring are on […]