KPMG lays off 4% of its advisory team over slowing demand

KPMG cuts workers in US advisory division as demand slows for services related to regulatory risk advisory, customer operations and financial services. Mike Kemp/In Pictures via Getty Images 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. Big Four firm KPMG laid off about 400 consultants in its US advisory division on Wednesday. The cuts focused on ...