The article says the McKinsey layoffs are a warning for the whole consulting industry in the AI age. Consulting once depended on smart people and hard to find information, but AI now does much of that work faster and cheaper. Clients want firms that... — read more 

The company is planning deep cuts across its non-client-facing staff, Bloomberg reports, as much as 10% of headcount within some areas, a move that could eliminate several thousand jobs over the next 18 to 24... — read more 

AI is a tool, and a pretty limited one at that. It can’t replace humans, and it still needs constant oversight. Probabilistic models can’t deliver consistently reliable results. What’s driving the cuts is the usual mix - greed, poor leadership... — read more 

The company isn’t ruling out additional reductions across different functions over the next two years as it ramps up usage of the technology, according to people familiar with the matter. McKinsey is also closely assessing what tasks can be carried... — read more 

Do you guys get some kind of rush or form of sadism making people's lives worse?

Hoping AI hits you guys hard! Looking forward to hearing news of more McKinsey Layoffs! Couldn't happen to a better company!

McKinsey has laid off 10% of its workforce over the past 18 months, highlighting a broader trend across the consulting industry. The sector is taking a major hit as artificial intelligence increasingly handles the kinds of strategic decisions that... — read more 

How do you guys sleep at night with what you do to companies and people? Do you all have any conscience?

🖕😄🖕

Does McKinsey have any other ideas other than laying off employees when they advise other companies what to change? I think the John Oilver show is unfortunately right about you guys. Have a heart and do something different.

https://youtu.be/AiOUojVd6xQ?feature=shared

https://www.bloomberg.com/news/articles/2024-02-08/mckinsey-puts-about-3-000-staffers-on-review-as-economies-slow

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 

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.

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

Lots of meetings going on. Any updates?

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).

The news about the upcoming big layoffs did not surprise me at all.

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 

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 

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.

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.

Cannot disclose more

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.