KPMG UK puts nearly 600 audit jobs at risk as cost pressure deepens
✨ AI Summary
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KPMG UK is cutting nearly 600 roles in its audit division and around 120 in advisory, citing tougher market conditions and unusually low staff turnover. The proposed redundancies, potentially affecting up to 440 audit staff, aim to right-size operations. This move highlights broader cost-cutting pressures across professional services firms.
