Internal restructuring
United Kingdom
Location of affected unit(s)
Professional Services
Professional Services And Management Consultancy
Activities Of Head Offices; Management Consultancy Activities
70.22 - Business and other management consultancy activities

200 - 250 jobs
Number of planned job losses
Job loss
24 jobs
Number of planned job creations
Job creation
Announcement Date
19 September 2019
Employment effect (start)
19 September 2019
Foreseen end date


The accounting and management consultancy company KPMG announced its plans to cut between 200 and 250 administrative jobs as part of a cost-saving measure. According to reports, 670 employees in these roles have been offered voluntary severance packages to achieve the aimed reductions without the need for compulsory redundancies.

For senior employees, the reduction means that they will no longer have a personal assistant for support and they will have to rely on central support from the Birmingham office, where an additional 24 job positions are planned to be created. The timeframe for these changes has not been announced, even though it is likely that the changes will take effect imminently, considering that severance packages have already been offered



Eurofound (2019), KPMG, Internal restructuring in United Kingdom, factsheet number 98647, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98647.