KPMG is trimming technology-focused teams within its Advisory division, with AI, cyber security, SAP and testing roles caught in the latest restructuring. The move is part of a broader reshaping of the consultancy's advisory business, though the exact scope and headcount impact were not disclosed in the available reporting.
Some affected employees have described the severance package as insulting, according to the source. The report does not specify the dollar amount or the criteria for the package, so the extent of the dissatisfaction relative to industry norms remains unclear.
Since this is a single source, there are no conflicting accounts to compare. The news is relevant to the compute and hardware sector mainly because these consulting teams support technology adoption and integration for clients across industries, even if the cuts themselves are not hardware-specific.