business
KPMG joins British Big Four rivals in shedding staff amid contracting demand
UK arm of the accountancy firm to cut 125 consulting jobs
KPMG is planning to cut 125 UK consulting jobs in response to falling demand and challenging economic conditions, according to sources 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 per cent of staff in the unit, according to reports from the Financial Times.
