THE JOB CUTS ANNOUNCED BY KPMG could be the start of a wider trend, according to Accountancy Age readers.
The overwhelming majority (76%) of the 71 polled expect more firms to make similar announcements, while 23% read nothing into the move. Only 1% of readers are unsure what to expect.
The Big Four firm told staff last week that up to 3% were at risk of redundancy, after a review of the entire business. The firm employs 11,299 staff and said in a statement it “continues to grow its UK business in a subdued economy and fast-changing marketplace”.
It added: “However, we have taken a hard look at our operations to ensure that we stay best positioned to continue providing the best services to our clients as efficiently as possible.”
Visit our latest poll:
Romanovitch, along with women from the Big Four, have been recognised as some of London's most powerful women
Grant Thornton adds another partner to its ranks, appointing a 20-year veteran to its Actuarial and Risk team
The Big Four firm has laid plans to increase its presence in Northern Ireland’s capital city
Deloitte partner Tony Clare, KPMG’s David Clarke and Richard Cousins of PwC are all due to appear before MPs on Monday