KPMG UK has put forward proposals to cut about 10% of roles within its central services and support functions as part of the ongoing integration with its Switzerland business, the company said in a statement. The proposed reduction is expected to translate to roughly 200 positions, according to a person familiar with the matter.
The firm said the plans are part of a review of its operating model following the 2024 merger of its UK and Swiss operations. Any redundancies would be subject to formal consultation processes in line with UK employment law, the spokesperson added.
In an emailed comment, KPMG described the objectives motivating the proposal. "We are looking at the shape of our operating model," the spokesperson said. "This includes launching proposals to reduce roles in our central services by 10% to avoid duplication, make the most of our technology investments and to expand our offshore delivery."
The latest proposal follows earlier job reductions at the firm. In March, KPMG eliminated more than 400 roles in its UK audit division, a move the company attributed to a lack of natural attrition. Together, these actions reflect further consolidation across support and client-facing operations since the integration began.
The company confirmed the cuts would only proceed following consultations that comply with statutory employment requirements in the UK. Details on the departments most affected within central services were not specified beyond the general support and central services categories identified by the firm.
Observers inside the company and those briefed on the situation have indicated the headcount change would be concentrated in back-office functions rather than fee-earning audit teams, although the audit division has recently seen separate reductions. The firm also highlighted offshore delivery as an area of expansion that could influence where roles are located going forward.
KPMG did not provide a timetable for the consultation process or for any subsequent redundancies beyond confirming that the proposals had been launched. The firm said the proposals aim to reduce duplication and to better align resourcing with its technology investments and offshore delivery capability.