Thread regarding GlobalFoundries layoffs

Mckinsey now BCG

Looks like Mckinsey and BCG are making a huge chunk out of GF while GF gets desperate to get to profitability. Anyone knows why are Mckinsey and now BCG there, just do a people search and you will see loads of folks there.

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| 1861 views | | 3 replies (last August 17, 2021) | Reply
Post ID: @OP+1cjbLbUW

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I googled some of the BCG employees, at least two of them have profiles on their website. One of those people specializes in analytics or smth, another specializes in post-M&A. Interesting

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Post ID: @4oki+1cjbLbUW

McKinsey also has extensive expertise in settling lawsuits, and that will come handy with $2.5B suite against IBM. Infamous McKinsey lawsuits:
1) $600 Million Over Role in Opioid Scandal: https://www.nytimes.com/2021/02/03/business/mckinsey-opioids-settlement.html
2) Saudi government using McKinsey in identifying potential dissenters:
https://www.middleeasteye.net/news/saudi-dissident-files-lawsuit-against-consulting-firm-mckinsey
Stellar records

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Post ID: @3jch+1cjbLbUW

McKinsey is there for the cost/profitably portion, and BCG is probably there for the “diversity and inclusion” aspect, because Global needs to be the forefront of D&I, with Emily Reilly in the lead.

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Post ID: @xks+1cjbLbUW

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