PracticeConsultingJob cuts at KPMG Consulting

Job cuts at KPMG Consulting

KPMG Consulting has revealed it will be making 75 people redundant before Christmas.

The job losses, which include the prospect of redundancies among partners, are aimed at preparing the business for an ‘uncertain’ future.

Voluntary redundancies will be requested, but a spokesman said it was hoped that compulsory job losses would be identified before the holiday break.

‘No one likes this sort of thing but we are hoping to minimise the impact. The vast majority of people will be unaffected,’ a spokesman said.

He said clients of the business had begun to ‘delay’ the purchase of services which had played a part in reducing the consultancy’s head count.

‘Although the business is still in very good shape uncertainty has grown. While clients are buying, they are delaying start dates or opting for smaller projects,’ the spokesman added.

Staff were notified of the job losses via email.

Links

KPMG in Pounds 16m reinvention drive

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