KPMG becomes first Big Four accounting firm to cut jobs in US

KPMG becomes first Big Four accounting firm to cut jobs in US

The logo of financial services company KPMG is seen on a building in Toronto June 11, 2015. REUTERS/Chris Helgren

KPMG is cutting close to 2% of its workforce in the United States, becoming the first of the world’s four biggest accountancy firms to slash jobs in the country, the Financial Times reported on Wednesday citing an internal announcement.