KPMG offers laid-off staff £100 to waive legal claims

KPMG is cutting around 4% of its UK workforce, roughly 200 people in its AI, Cyber, SAP and Testing teams. Staff will be notified by email on October 9, and the firm is offering £100 for employees to waive their right to appeal or bring claims; annual bonuses will not be paid to those under notice.

• About 200 UK staff, or 4% of the workforce, are being cut
• Redundancy notices will be sent by email on October 9
• KPMG offers £100 for staff to waive appeal and claim rights
• Annual bonuses, usually paid in January, will not go to those under notice