From www.goingconcern.com: (US context) KPMG plans to consolidate its international network by merging numerous local firms, aiming to reduce the number of “economic units” from over 100 to as few as 32 by next year to boost growth and enhance audit quality.

This strategic move follows earlier mergers, including those between KPMG’s UK and Switzerland branches, and is intended to facilitate better technology investments while creating more career opportunities for employees.

KPMG’s chief operating officer highlighted that fewer business units would improve operational resilience and allow enhanced service delivery globally.