Newspaper article The Florida Times Union
KPMG Emptying Andersen Office
Byline: Sarah Skidmore, Times-Union business writer
KPMG LLP announced yesterday that one former partner and 13 staff members of the Jacksonville office of Arthur Anderson LLP joined KPMG.
The KPMG hirings will take the majority of the remaining professional staff at the local Andersen office, and the office will close within the next few weeks, according to Andersen corporate spokeswoman Julie Hallinan. A small administrative staff remains to attend to the details of the office closure.
The transfer of local Andersen staff to KPMG is effective immediately. KPMG declined to comment on the details of the hirings.
The former Andersen employees will join the seven partners and 80 employees in KPMG's local office.
KPMG's announcement follows the news last month of the dismissal of 12 of the 60 local Andersen employees and PricewaterhouseCoopers' hiring of a local partner and several key employees.
The sparse staffing locally and competitive deals struck regularly at a national level had many in the industry waiting for the closure of the local office.
Competitors began looking at the company's employees more aggressively as the prospects for Andersen's survival weakened from the effects of the Enron scandal. …