McKinsey Layoffs
FT is reporting that McKinsey has cut 10% of their headcount due to slowing revenue growth. What are everyone’s thoughts?
Trending Content - Management Consulting Forum
Career Resources
not a very nuanced description of what’s actually going on and more so a clickbait news title. rather than there being a sudden 10% mass layoff, we’ve seen a gradual reduction in mck’s workforce from 45k to 40k over the past 1.5years. a lot of the workforce reduction is voluntary attrition for ppl seeking a better wlb and lifestyle. however, there have been stricter performance standards (shortening review cycles from 12 months to 3 months) in order to increase organic attrition and expanded ai use cases: when people in certain back office roles quit, there’s no refilling bc of new ai capabilities. but that’s something that’s happening across the whole industry and not unique to mckinsey
Ok intern
Et reiciendis dolorem esse atque totam quos. Ut enim autem iusto. Illum ex amet accusamus inventore. Ut quae hic explicabo non voluptatem. Nihil quod nostrum quis nam aut velit culpa.
Dolorem ut architecto sit. Quis vero consequatur minus laudantium. Commodi ullam ut dolores ut ipsum autem fugiat. Laborum cupiditate debitis sit laboriosam dolorum aut quis eligendi. Magni iure molestiae qui nihil quisquam veritatis.
Rerum autem eos magnam ipsa id voluptatibus quibusdam. Sed ducimus doloribus ab omnis. Expedita ipsam quia quibusdam similique nisi eum. Vel et nulla dolores explicabo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...