https://youtu.be/AiOUojVd6xQ?feature=shared
McKinsey Places 3,000 Staffers on Review as Economies Slow
https://www.bloomberg.com/news/articles/2024-02-08/mckinsey-puts-about-3-000-staffers-on-review-as-economies-slow
CSP non-layoff layoffs
How has nobody brought up, how "our firm" instead of admitting they are overstaffed with CSPs and doing layoffs. Instead are blaming the CSPs can giving them poor reviews and putting them on Concerns. Which then taints them from finding other... — read more
Did layoffs require an NDA to get severance?
I am guessing most McK employees don't know about this site, or signed some sort of NDA. I would expect to see more rantings on here, about what all has started going down today.
One of the biggest rounds of cuts
I’ll just leave this here https://www.bloomberg.com/news/articles/2023-03-28/mckinsey-starts-cutting-1-400-jobs-this-week-in-restructuring
Updates
Lots of meetings going on. Any updates?
Buckle up!
Good luck to everyone, although I think that everyone will find a new job faster than this place will manage to fix its reputation after the headcount reduction (since it's obviously their favorite way to do cost cutting).
Was it expected?
The news about the upcoming big layoffs did not surprise me at all.
McKinsey Intends to Eliminate as Many as 2,000 Jobs
Feb 21, 2023 McKinsey & Co. plans to eliminate thousands of positions, adding the consulting giant to a wave of companies that are cutting corporate jobs. The firm, which is known for helping companies streamline their operations, could shed as... — read more
No layoffs, we're hiring
I guess too many people are leaving on their own so we don't need to lay anybody off. And when I say too many, I really mean too many - we've been having record attrition recently. That's what happens when the company's reputation gets shot to... — read more
How are things looking on layoffs?
I've heard we might be looking at some layoffs at McKinsey at the start of the year (January or February) so I'm trying to figure out if that's true.
Mandate - VERY Disheartening
I’m not ant¡v@x. I’m pro freedom. I also strongly believe that (personal) medical privacy is paramount… Perhaps if the v@x prevented contraction or spreading, I’d think differently.
There are layoffs in progress right now
Cannot disclose more
McKinsey does not let people go - well managed and efficient and sees itself as a people-centric company
McKinsey does not let people go - well managed and efficient and sees itself as a people-centric company. When you think about it, for McKinsey, it's people are the biggest asset.