As further evidence of cost cutting in KPMG, The Telegraph reports that KPMG is set to cut a tenth of its UK partners in the run up to
Christmas as the firm steps up an overhaul of its
business operations.
The cuts are the result of performance reviews involving of some of KPMG’s senior team, and follow on from reports that KPMG's private members' club will be closed.
Showing posts with label kpmg. Show all posts
Showing posts with label kpmg. Show all posts
Monday, November 04, 2019
Monday, October 28, 2019
KPMG To Shut Private Members' Club
KPMG appears to be facing a financial squeeze, as it is preparing to shut down its private members’ club in Mayfair
and move staff to Reading as part of efforts to trim £100m in costs.
The Telegraph reports that KPMG is exploring plans to close the five-storey townhouse at 20 Grosvenor Street, which boasts a rooftop terrace, restaurant and private meeting rooms.
KPMG will also transfer most of its marketing department from Canary Wharf to Reading.
It is understood that around 50 roles were placed at risk of redundancy as a result of the restructure.
Known as Number Twenty, the facility was set up only four years ago to entertain clients.
The Telegraph reports that KPMG is exploring plans to close the five-storey townhouse at 20 Grosvenor Street, which boasts a rooftop terrace, restaurant and private meeting rooms.
KPMG will also transfer most of its marketing department from Canary Wharf to Reading.
It is understood that around 50 roles were placed at risk of redundancy as a result of the restructure.
Known as Number Twenty, the facility was set up only four years ago to entertain clients.
Tuesday, January 26, 2016
KPMG Audit of HBOS To Be Probed
Accounting experts seek independent probe into KPMG’s audit of HBOS - https://t.co/iLxuKeS2as https://t.co/nDzZX0CRiE via @FT
— Harriet Agnew (@HarrietAgnew) January 26, 2016
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