KPMG to Cut 125 UK Consulting Jobs as Client Demand Drops

KPMG UK is planning to cut 125 consulting jobs in the UK in response to falling demand and challenging economic conditions, according to a person familiar with the matter.

The firm has started a consultation process to reduce client-facing roles in the consulting arm, the person said. The firm is also shifting some employees to more in-demand areas within the company. The cuts represent 2.3% of staff in the unit.

KPMG is the latest of the so-called Big Four firms to introduce cuts in the UK. Rival Deloitte is set to cull 800 UK roles last week, while EY announced ...