KPMG tells staff facing the axe: Here's £100, now zip it
Staff in AI, Cyber, SAP and Testing told the consultation is over, with notices due Friday
KPMG has informed its staff facing redundancy that they must waive their legal rights and accept £100 as part of the job cuts, according to sources. The consultancy is downsizing by around 4 percent of its UK workforce, which amounts to approximately 200 employees. Those in AI, Cyber, SAP, and Testing teams are particularly affected.
On October 1, at-risk staff were notified that the consultation process had concluded, and results would be emailed to them on October 9. In a message seen by The Register, KPMG stated that the original proposal remains unchanged. Staff describe the offer as insulting and suggest it functions as a gag order. The firm has not commented on the £100 payment or the bonus situation, but it is understood that employees under notice are not eligible for a payout.
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Also reported by 1 other outlet
- KPMG tells staff facing the axe: Here's £100, now zip it theregister.com
