Tears flowed, staff members were allowed to knock off early and management encouraged the use of counselling services in painful behind-the-scenes events at KPMG South Africa last weekend, as the auditing firm counted the cost of its 14-year association with the Guptas, which threatens to push it to the brink of collapse. That the company faces an uncertain future became apparent to employees when they attended a staff briefing at its Parktown offices. Usually, staff briefings at the firm are dull events and employees prefer to skip attendance and follow updates from the comfort of their work stations. But this briefing was a sold-out affair. Staff members filled two auditoriums at Wanooka Place and Crescent to listen to an address by three senior executives on the troubles faced, the leadership changes and the new and difficult path it would have to walk. "People were crying and we were allowed to knock off early and management also encouraged us to seek counselling services," an e...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.