We consider a magnetic impurity coupled to both fermionic quasiparticles with a pseudogap density of states and bosonic spin fluctuations. Using renormalization group and large-N calculations we investigate the phase diagram of the resulting Fermi-Bose Kondo model. We show that the Kondo temperature is strongly reduced by low-energy spin fluctuations, and make connections to experiments in cuprate superconductors. Furthermore, we derive an exact exponent for the critical behavior of the conduction electron T matrix, and propose our findings to be relevant for certain scenarios of local quantum criticality in heavy-fermion metals.