In a significant corporate restructuring move, professional services giant KPMG Australia has confirmed plans to eliminate 200 executive assistant roles from its workforce. The decision, announced on Wednesday, 4 February 2026, will see these positions relocated offshore as part of a broader cost-reduction strategy.
Major Workforce Changes at KPMG
The planned job cuts represent a substantial shift in KPMG's operational model, targeting executive support staff across various departments. This restructuring initiative is expected to impact employees nationwide, with the firm citing economic pressures and the need for enhanced efficiency as primary drivers behind the move.
Offshoring Strategy and Business Implications
By sending these executive assistant roles offshore, KPMG aims to leverage global talent pools and reduce operational expenses. This approach aligns with trends in the professional services sector, where firms increasingly explore international options for administrative and support functions. The transition is anticipated to involve a phased implementation, with affected staff receiving notification and support throughout the process.
Industry Context and Economic Factors
The announcement comes amid ongoing challenges in the Australian business landscape, including rising costs and competitive pressures. KPMG's decision reflects broader corporate strategies to optimise resources and maintain profitability in a fluctuating economic environment. Similar moves have been observed across other major firms, highlighting a sector-wide adjustment to market conditions.
As KPMG proceeds with these changes, the firm has emphasised its commitment to supporting impacted employees through transition programs and redundancy packages. The long-term effects of this offshoring strategy on KPMG's local operations and service delivery remain to be seen, marking a pivotal moment in the company's Australian business trajectory.
