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Mar 30, 2026
KPMG to Slash 440 Audit Jobs Amid Economic Pressures and AI Innovations
In a significant move reflecting trends across the consulting industry, KPMG's UK audit division plans to cut up to 440 jobs, equal to about 6% of its workforce. The reductions target assistant manager-level accountants amid low attrition rates and consulting slowdowns, driven by economic pressures and AI efficiencies. The decision follows broader industry trends seen at firms like McKinsey and PwC, sparking discussions on workforce rightsizing and future implications for the professional services sector.
Mar 6, 2026
AI and the Great Layoff Dilemma: What's Really Happening?
Recent corporate layoffs in sectors like executive search and professional services are often blamed on AI, but the reality points to more traditional economic factors like cost-cutting and unrealistic AI expectations. This article explores the true drivers behind these cuts and how AI is often used as a scapegoat.
Feb 13, 2026
Baker McKenzie Slashes 1000 Jobs as AI Looms Large
In a bold move towards AI integration, Baker McKenzie is set to cut up to 1,000 jobs, marking about 10% of its global support staff. The law firm targets non-attorney roles across offices in London, Belfast, and Tampa, sparing lawyers while reshaping back-office functions for efficiency. This decision underscores AI's evolving impact on professional services, though it stirs debate over 'AI washing' as a corporate cost-cutting pretext.