KPMG TO CUT ABOUT 5% OF ITS WORKFORCE

🔴 KPMG is cutting about 5% of its workforce.

NDTV Profit reports the consulting giant is reducing headcount by roughly that share, one of the Big Four accounting and advisory firms trimming staff by a set percentage rather than shutting a single line of business.

That detail matters. A percentage cut is a decision made at the top and applied across the firm. It scales with headcount, which means the biggest offices absorb the biggest raw numbers.

Consulting is usually where these cuts land hardest. Advisory teams are the fastest thing a professional services firm builds out when clients are spending, and the fastest to reverse when they stop.

The Big Four move together more often than they admit. When one sets a number, the others get asked about theirs.

Beyond the roughly 5% figure, details are thin. NDTV Profit is the only outlet carrying the story so far, and no breakdown by country, service line or timing has been confirmed.

If you work in consulting, does a 5% cut read like a trim or the first round?

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