KPMG tells staff facing the axe: Here's £100, now zip it

KPMG is cutting around 4% of its UK workforce, with AI, Cyber, SAP and Testing teams among the hardest hit, signaling continued cost pressure and a recalibration of advisory capabilities as automation and market shifts reshape demand. For CIOs and technology leaders, the key implication is that IT and digital functions will likely be expected to absorb more work with fewer people while protecting client delivery, retention, and employee trust amid heightened scrutiny of redundancy practices and post-termination constraints.