The firm, the ninth largest in the UK, said only a small number of employees would have to go but expressed disappointment that natural wastage had not produced the cost savings required.
Martin Goodchild, PKF managing partner, said: ‘We had hoped that our natural wastage policy would avoid the necessity for contemplating redundancies but we are unfortunately going to have to reduce our staff levels by a small number to meet our cost cutting targets.’
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com