Some of the problems faced by KPMG are:
- The pricing strategy of the company is backfiring and the
customer base is moving to other competitors in the market.
- Increasing competition in the market from McKinsey, Deloitte,
Accenture, PwC, Bain, and BCG.
- The slow economic growth in their major markets is affecting
their revenue generation negatively.
- The company is getting affected by the highly regulated
environment that keeps getting modified by the regulatory
bodies.
- The company is facing the problems from the lawsuits filed
against them over the years
- The company lacks a good HR department with a good stable
compensation structure
- The company faces a very high risk of liability due to
legislation. They can go bankrupt in case of any wrongdoing.
- The company is failing to provide a good work-life balance to
its employees due to the pressurized work environment.