• Register
Return to: Home > News > Financial Results > KPMG staff redundancies planned for TCE Unit

KPMG staff redundancies planned for TCE Unit

KPMG  is planning to make redundancies across its Transformation Centre of Expertise (reported by Sky News), the unit involved with in-house project management to include, as one of its primary functions, the transfer of hundreds of personnel from its consulting arm into its audit practice  

Zoya Malik, Group Editor, International Accounting Bulletin approached officials at KPMG to find out how many employees would be affected and how this move will meet KPMG’s strategic cost cutting targets and impact client requirements.  A KPMG spokesperson commented, “The team is currently 37 people and is likely to be (down to) 20 individuals, once the process is complete. We are transforming our UK business. As part of this work, we are reviewing the role of our Transformation Centre of Excellence. The proposed changes will see our in-house team work increasingly closely with our client-facing experts on delivery of in-house transformation projects, pooling their expertise and best-in-class project management tools to the benefit of our clients and our own business. We are now in the process of consulting with affected staff on the plans.”


Top Content

    Brazil: regulation and technology form basis for recovery

    Opportunities in the capital markets and the ever-growing influence of technology are expected to have a significant impact on the Brazilian accounting profession over the next 12 months, writes Paul Golden.

    read more

    Mentoring support and the opportunity to delegate

    Jon Lisby will be known to many from his former role as CEO of Kreston International. Here, he explains the background to his new venture, Global Alliance Advisory Services (GAAS), and how he aims to offer support to alliance CEOs.

    read more

    Global by name, global by nature

    Stephen Heathcote became chief executive officer of PrimeGlobal on 1 June 2019. Robin Amlôt met him to discuss the various new challenges that he has taken on, and his ambitions for the association.

    read more

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more


    As the Coronavirus (COVID-19) continues to spread across the world, the International Accounting Bulletin and The Accountant will be collating all the latest news and updates from the profession on the pandemic’s impact.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.