KPMG UK Layoffs: Up to 440 Audit Jobs at Risk as Low Attrition and Weak Demand Bite
KPMG’s UK audit division is bracing for potential layoffs, with a redundancy consultation that could put as many as 440 jobs on the line. Bloomberg noted that close to 600 audit staff received notice their positions might be cut. The proposal would trim about 6% from a business that currently employs around 7,100 people. This shift is notable, hitting even the typically stable audit divisions of the Big Four. With a cooler hiring climate, voluntary departures have slowed, and softer consulting demand is pushing firms to scrutinize expenses. KPMG’s January numbers underline the story: audit sales up 5% in 2025, but advisory revenue slipped 3%.