Bloomberg Tax
June 20, 2024, 4:05 PM UTC

KPMG to Cut Further 200 UK Jobs, Financial Times Says

Aysha Diallo
Aysha Diallo
Bloomberg News

KPMG is cutting a further 200 jobs as it faces a prolonged slowdown in demand for some services and a drop in the number of staff quitting, Financial Times <-bsp-bb-link state="{"bbDocId":"SFDZ3A8JRZLS","_id":"00000190-3810-d497-a7fb-fc1d5cd10000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">reports, citing people familiar with the matter.

  • Company notified staff on Thursday that it would cut about 200 back-office and client-facing roles
  • KPMG declined to comment to FT on which client-facing business lines would be affected
  • NOTE: <-bsp-bb-link state="{"bbDocId":"S8T3MVDWLU69","_id":"00000190-3810-d497-a7fb-fc1d5cd30000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Big Four Accounting Firms Cut UK Job Postings by 62% in 2023 (1)

To contact the reporter on this story:
<-bsp-person state="{"_id":"00000190-3810-d497-a7fb-fc1d5cd50000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Aysha Diallo in New York at adiallo63@bloomberg.net

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