KPMG chief resigns for insulting staff

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The head of the audit company KPMG in Britain resigned on Friday, the firm confirmed to dpa, after he told his staff to stop complaining about cuts in the pandemic.

Local media reports say Bill Michael told employees during an online meeting to stop moaning about possible cuts of wages, pension claims and bonuses.

The manager, who reportedly earned £1.7 million in 2020 (2.3 million dollars), also said employees should stop playing the victim card, according to a report in the newspaper The Guardian.

Mr. Michael subsequently apologised to his staff.

“I love the firm and I am truly sorry that my words have caused hurt among my colleagues,’’ he was cited as saying by KPMG.

According to the statement, he would leave the firm by the end of the month and his deputy, Bina Mehta, would take over temporarily. 


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