Branch² Intelligence
Exclusive: Big Four giant KPMG to cut more jobs
Key takeaway
KPMG UK cuts ~200 jobs in corporate services (HR, marketing, tech, procurement) — 10% of division staff.
- Step 1KPMG cuts 200 corporate services jobs to reduce cost base amid flat revenue growth.
- Step 2Redundant HR, marketing, tech, and procurement professionals enter the UK labour market, increasing supply of skilled corporate services staff.
- Step 3UK SMEs hiring in these functions benefit from lower salary expectations and shorter time-to-hire, reducing operating costs.
Source: City A.M.
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