• This Time KPMG UK Is Blaming The Merger

    By • May 22nd, 2008 • Category: KPMG


    What’s next?  The dog ate my workpapers?

    I guess the 6% that aren’t proud to be associated with KPMG UK are the ones getting “redundanced.”

    You had to know that this is what they meant (not too many partners, oh no…) when they talk about gaining “efficiencies” from these activities.
    The other Big 4 in the UK have given statements saying they have no plans for similar moves, although the statements, as always, are worth about as much as an audit report these days.
    …No other firm-wide redundancies were planned, said a spokesman for the firm.

    Other Big Four firms insisted this week they would not be making staff redundant in the same way.

    ‘We have no plans to make any significant changes,’ said a PricewaterhouseCoopers spokeswoman.

    An Ernst & Young spokeswoman said: ‘We believe the opportunities for our people in transaction advisory services across the firm are as good today as they were 18 months ago.’

    ‘We have no plans for any redundancies in corporate finance,’ said a Deloitte spokesman.

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    1. ‘We have no plans for any redundancies in corporate finance,’ said a Deloitte spokesman.

      I don´t understand why anyone would plan for redundancies. If they are want to say layoffs why don´t they just say layoffs?