KPMG is cutting close to 600 UK jobs as the Big Four accountancy firm struggles to reduce costs amid a harsher market. Staff were told on a hastily convened call on Friday morning that KPMG would axe ...
Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo to ...
March 27 (Reuters) - KPMG's UK unit said on Saturday it plans to cut staff in its auditing division, following a report by Bloomberg News that the company expects up to 440 people will leave the ...
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KPMG UK is expected to significantly reduce its auditing workforce, particularly among assistant managers, due to current market conditions.
The cuts will affect roughly 6% of the 7,100 employees within the auditing division. The job cuts are reportedly focused on assistant managers who are qualified accountants.
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KPMG is to make hundreds of auditors redundant across the UK because of “excess capacity” in the business. Staff were told yesterday that there would be 440 redundancies, amounting to about 6% of the ...
The firm said two separate law firms had already examined the allegations but were “unable to substantiate any claims of ...
The job cuts are likely to be focused on mid-level auditors, and come amid an ongoing slowdown for the major accounting firms.