E&Y Japan takes on Misuzu staff

E&Y’s Japanese affiliate ShinNihon is to take on 1,000 staff from Misuzu,
the Japanese audit firm that was associated with the PwC network.

said ShinNihon would be taking on 44% of Misuzu’s staff, mostly from the Tokyo

The rest of the firm’s staff are to go to other firms, with 400 to go to
Deloitte’s firm and almost 300 to KPMG’s.

Misuzu is winding down
after high-profile audit problems that led to the loss of its audit licence
temporarily and PwC setting up
another firm to act as its
Japanese affiliate.

Further Reading:

PwC to shut down Japanese

New PwC Japan firm ‘to grow
to 1,700’

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