KPMG restructuring plans result in staff cuts

Kashflow logo
Robert Lovell
Share this content

KPMG has told its UK staff that up to 3% of roles, equating to more than 300 positions, will be “at risk” as part of a review across the entire business.

The Big Four firm said in a press statement that it has continued to grow its UK business in a subdued economy and fast-changing marketplace, but has “taken a hard look at our operations to ensure that we stay best positioned to continue providing the best services to our clients as efficiently as possible.

“Part of this means actively managing our cost base. As a result, a number of business units within KPMG are now carrying out reviews of their structures and headcount numbers. It is likely that we will need to make a number of roles redundant over the coming weeks.”

Please Login or Register to read the full article

The full article is available to registered members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.