KPMG to Cut Further 200 UK Jobs, Financial Times Says

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 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: Big Four Accounting Firms Cut UK Job Postings by 62% in 2023 (1)

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Aysha Diallo in New York at adiallo63@bloomberg.net

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