The plan is to reduce the number of international network offices spread across 145 countries to between 30 to maximum 40 key ‘economic units’, which KPMG describes as ‘clusters’.

These would act as hubs and strengthen the smaller network members by giving them more presence in the market and access to the full range of services across the business.

The plan is to finish the restructure by the end of 2026. The overhaul will see over 100 independent KPMG network firms become absorbed into larger operational groups with their own leadership rather than disparate country offices, many without the clout to operate in an increasingly competitive market.