An Andersen UK spokesman today told AccountancyAge.com none of the 220 cuts were part of the UK headcount.
But, he added, UK job losses could be imminent, although the firm is refusing to make any further comment.
It is understood the firm has already began the process of reviewing its UK operation.
Earlier this month Andersen, confirmed that almost a quarter of its workforce in the US was to be axed in a process which could last several months.
The majority of cuts will be in the firm’s audit practice and administrative services. Andersen’s Chicago headquarters and its Atlanta, Los Angeles and New York operations are expected to take the heaviest hits, as well as the infamous Houston office.
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
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton