KPMG Follows Deloitte in Diversity Retreat, Citing Trump Orders

KPMG LLP, one of the largest US accounting and consulting firms, is the latest business to retreat from public commitments to build a diverse and inclusive workforce as corporate America scrambles to adapt to new mandates from the Trump administration.

The Big Four firm ended its five-year-old talent strategy meant to attract and retain professionals from under-represented groups and will re-evaluate related programs, according to a message CEO Paul Knopp sent to the firm’s US staff last week seen by Bloomberg Tax. The Big Four firm said legal precedent and recent Trump administration executive orders that targeted government contractors’ ...