KPMG has denied it has settled on cuts that will reduce its workforce by as much as 10 per cent. The scandal, which escalated after the allegations were raised in Parliament in March, has also cost the jobs of former KPMG chair Martin Sheppard, chief operating officer Eileen Hoggett and several partners. “KPMG is continuing to evaluate a range of options to ensure the firm remains well positioned for the challenges ahead,” a spokesperson said. The spokesperson said KPMG’s global chair Bill Thomas and chief operating office Gary Wingrove were visiting Australia this week “to support the new local leadership team”. Appointed last week, Mr Sams has promised to do “whatever” was needed to make KPMG “better”.