Why the Big Four Giants face BRUTAL job cuts

The Big Four giants, after hitting pandemic-era highs, are currently navigating a perfect storm of challenges: a harsher market, a surge in AI investment and a stagnant economy. These pressures are forcing firms to take a pair of shears to their workforces as the industry’s traditional “attrition model” fails to keep pace with reality. In its latest results, which included KPMG Switzerland as part of its new combination, KPMG’s audit business grew by 5 per cent, but its advisory business saw a 3 per cent decrease in fees. City AM's Senior Reporter, Maria Ward-Brennan has the details Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam