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KPMG UK says it has no plans to cut jobs as US firm lays off 700 staff

KPMG is slashing nearly 700 roles in the US, equivalent to nearly 2% of its staff in the country

The move makes KPMG the first among the Big Four firms to make cuts to staff
The move makes KPMG the first among the Big Four firms to make cuts to staff Photo: Getty Images

KPMG UK says it has no plans to cut staff in the UK as nearly 700 staff attached to its US firm lose their jobs.

“There are no plans in the UK to make redundancies,” a spokesperson for KPMG UK told Financial News on 16 February.

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