KPMG cuts 275 in staff shake-up

KPMG has slashed 275 staff as part of its latest restructuring exercise in an attempt to streamline the business.

A KPMG spokesperson told AccountingWEB the redundancies were not part of a new round of job cuts, but that they were "able to redeploy internally more than they had originally anticipated," from a previous announcement of more than 300 cuts.

Back in August the firm announced around 3% would be “at risk” - equal to 330 staff out of about 11,299 - following a planned review of the business.

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