McKinsey consulting firm is set to cut around 360 jobs due to a slowdown in demand for its services. The company plans to pay some employees to not work for nine months while they search for new jobs. This move comes as McKinsey faces challenges in the professional services industry.
McKinsey will eliminate 360 roles due to a significant slowdown in the professional services industry
McKinsey is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services, per Bloomberg.
McKinsey to slash around 360 jobs in brutal cutbacks - Check details https://t.co/86Srbw0tqd
McKinsey To Cut 3 pc Of Workforce Amid Industry Downturn - Details https://t.co/N8HKlc0yGs
#McKinsey layoffs: Company to cut 360 jobs affecting these roles as demand slows https://t.co/psKHOdnhWP https://t.co/OK2oFjZ0RE
Cutting the people who may actually add value and keeping the MBAs, a classic mckinsey maneuver https://t.co/JMkTMHu4aZ
McKinsey is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services https://t.co/siYdPvZhKW
McKinsey consulting firm will pay some of its employees to not work for nine months and look for another job, per the Times.