KPMG IS SET TO close its Stoke office, Accountancy Age has learned.
The facility mainly handles the back-office functions and administrative tasks of personal insolvency cases in the area and employs about 18 people.
A spokesman for the firm declined to comment on the closure.
In a previous statement from August, KPMG said that up to 3% of its workforce, about 300 jobs, were at risk of redundancies this year.
At the time, the firm said in its statement: "KPMG continues to grow its UK business in a subdued economy and fast-changing marketplace. 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.
"Part of this means actively managing our cost base. As a result, a number of business units within KPMG are now carrying out reviews of their structures and headcount numbers. It is likely that we will need to make a number of roles redundant over the coming weeks."
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.