3 Comments
 

Based on the most helpful WSO content, here are some insights regarding Strategy& and PwC's recruiting practices:

  1. Layoffs and Utilization Metrics:

    • Strategy& has experienced significant layoffs, particularly around April/May, affecting many 1st-year campus grads. This was due to partners' inability to sell projects, leading to cuts based on utilization metrics. PwC focuses on billed utilization, making it easier to cut 1st years with lower utilization metrics compared to more experienced resources.
  2. Recruiting Timeline:

    • Consulting firms, including Strategy&, may have varying recruiting timelines. For instance, some firms like McKinsey have earlier deadlines for full-time applicants and internships, sometimes as early as July. This trend might influence other firms to adjust their timelines accordingly.
  3. Impact on Potential Hires:

    • The layoffs at Strategy& were abrupt, with some employees given as little as three days' notice. This has created a challenging environment for new hires and those affected by the layoffs, making it crucial for potential hires to be aware of the firm's current situation and recruiting practices.
  4. Advice for Applicants:

    • Given the dynamic nature of consulting recruiting timelines, it's essential to stay updated on specific firm deadlines and ensure you are prepared for interviews well in advance. Networking and casing practice are critical components of the preparation process.

For the most accurate and up-to-date information, it is advisable to directly check with Strategy& or PwC's recruiting departments or their official websites.

Sources: Q&A: I Work at Strategy&. Consulting, Consulting Recruiting 2023, Q&A: I Work at Strategy&. Consulting, Strategy& Ex Employee - Q&A, Q&A: Former Strategy& associate

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