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KPMG Proposes 10% Cut to UK Corporate Services

The firm says integration with its Swiss arm will remove duplicated roles through technology and expanded offshore delivery and the proposals will enter a formal consultation.

Overview

  • KPMG, which proposed the cuts on Thursday, plans to reduce about 10% of its UK group corporate services workforce, roughly 200 roles in functions such as HR, marketing, technology and procurement.
  • PwC is implementing targeted reductions in its UK audit practice that affect senior associates and managers as the firm uses voluntary-exit processes to rebalance headcount.
  • Deloitte disclosed earlier this year that it cut almost 200 roles in its UK audit business, forming part of a wider pattern of the Big Four downsizing audit and support teams.
  • KPMG already cut more than 500 roles in audit and advisory earlier in 2026, and the firm says low natural attrition after heavy post-pandemic hiring and a plateauing audit market are key reasons for the latest moves.
  • All proposed redundancies must follow UK consultation rules and firms say they will offer support to staff, but employees have raised concerns about communication and the human impact as firms lean on automation and offshore delivery.