News Formal

KPMG to cut jobs in UK deal advisory business

  • 📰 LBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 74%

Business News News

Business Business Latest News,Business Business Headlines

It is understood the move, which was first reported by the Financial Times, will affect about 110 people.

KPMG has launched a fresh round of job cuts in its UK business amid a slowdown in dealmaking in the City.

It is understood the move, which was first reported by the Financial Times, will affect about 110 people, or almost 7% of the company’s nearly 1,700-strong UK deal advisory division. Earlier this year it had also warned that its bonus pool for employees was likely to fall this year compared with the previous year.

“These conditions have impacted demand in certain areas, as some clients have chosen to pause or delay projects.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

KPMG to cut jobs in UK deal advisory businessIt is understood the move, which was first reported by the Financial Times, will affect about 110 people.
Source: Observer_Owl - 🏆 18. / 72 Read more »

KPMG to cut jobs in UK deal advisory businessIt is understood the move, which was first reported by the Financial Times, will affect about 110 people.
Source: Glasgow_Times - 🏆 76. / 59 Read more »