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KPMG cuts 200 UK jobs and offers redundancy payment waiver

KPMG will lay off around 200 workers in the UK as part of restructuring moves this week. According to reports, the firm is offering those made redundant an extra £100 if they give up legal rights to appeal their dismissal or bring claims. Affected employees are expected to be informed by email. The group is not expected to pay year-end bonuses to these workers. KPMG declined to comment on the specifics.

Why it mattersThe offer by KPMG to pay a nominal sum for waiving legal rights could limit workers' recourse after being laid off and may set a controversial precedent for handling redundancies in the tech sector.

Sources covering this

The RegisterHeadline onlyKPMG tells staff facing the axe: Here's £100, now zip it8:30 AM →TechRadarKPMG lays off 200 workers and offers £100 voucher to waive appeal and claims rights11:15 AM →

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