McKinsey Paying Top Talent to Leave Amid Consulting Slump;



ORIGINAL POST
Posted by Ed 9 mths ago

Consulting firm McKinsey & Co. is paying its underperforming staffers to embark on the job hunt.

McKinsey has grown its staff size to about 45,000 employees — an increase of 60% from 28,000 employees in 2018.
 
Layoffs at major consulting firms have become almost run-of-the-mill as they try to pare back their bloated headcounts following a pandemic-era hiring craze. In March 2023, McKinsey culled 1,400 jobs in a rare — but sweeping — headcount reduction, Bloomberg reported at the time.
 
https://www.msn.com/en-us/money/careers/mckinsey-is-paying-its-employees-to-look-for-other-jobs/ar-BB1kTqOg 

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