KPMG: 400 jobs cut
KPMG laid off approximately 400 consultants (4% of its US advisory workforce) as demand slows in traditional areas like regulatory risk and financial services advisory. The firm is simultaneously pivoting toward AI, cybersecurity, and managed services, where it continues to hire specialists. While not explicitly blaming AI, the restructuring reflects a broader industry shift toward technology-driven consulting and away from generalist advisory roles.
Conservative
0
Core Estimate
160
Upper Bound
280
Sources
KPMG lays off 400 consultants amid slowdown in risk and financial services advisory
KPMG lays off 400 consultants amid slowdown in risk and financial services advisory INDIA --- --- --- Find us: --- ### Strategic HR # KPMG lays off 400 consultants amid slowdown in risk and financial services advisory |30 April 2026 Job cuts in the firm’s US advisory business reflect shifting demand patterns as consulting pivots towards AI, cybersecurity and high-growth service lines. KPMG has laid off around 400 consultants in its US advisory division, as demand weakens across key se
KPMG lays off 4% of its advisory team over slowing demand | Business Insider Africa
KPMG lays off 4% of its advisory team over slowing demand | Business Insider Africa BI Africa> careers # KPMG lays off 4% of its advisory team over slowing demand 30 April 2026 02:35 AM Big Four firm KPMG laid off about 400 consultants in its US advisory division on Wednesday. - KPMG cut some 400 US consultants amid slowing demand in key sectors. - Employee attrition rates have been lower than expected. - KPMG is still hiring for AI transformation, focusing on engineers. ADVERTISEMENT ###