KPMG tech cuts come with a severance sum some staff call insulting

KPMG UK is laying off staff from the Tech and Data areas of its Advisory division and offering severance terms that one affected employee described as "insulting and disgraceful." The job cuts, affecting about 4 percent of the Advisory staff, were announced internally in July. Affected workers in the AI, Cyber, SAP, and Testing teams are scheduled to leave the consulting business next month. Insiders have now shared with The Register details of the payments offered to those set to depart. The proposed redundancy package, subject to consultation and the employee signing a settlement agreement, combines statutory redundancy pay with several enhancements. The document helpfully advises staff to divide their annual salary by 52 to calculate...

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