McKinsey pours 10% of employees in two-year profitability

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McKinsey cut more than 10 percent of his employees in the last 18 months, and during a high level of two-thirds of the company during the coronavirus pandemic, increased the workforce to increase two-thirds of the company.

In the counseling company, when the latest figure is published, there are 40,000 employees for people who are familiar with the issue compared to more than 45,000 in late 2023.

Working cuts in the largest 100-year history of McKinsey reflects sharp slowdown in the consulting market. The group was also shot in legal settlements equal to $ 1.6 billion for us Opioid manufacturers.

In the restructuring of the reconstruction of 2023, in addition to burning the office employees, 400 specialists were fired in areas such as McKinsey, information and program engineering. That’s Growing pressure on the weakest promising consultants Last year, an unusual difficulty research program, according to people who are familiar with the issue.

MckinseyDuring the pandemic, all the two-thirds of two-thirds of two-thirds by 2023 compared to the main advice services based on large-scale project implementation and working.

As the advice is over, the number of employees who are voluntarily leaving professional groups To celebrate low prices. The level of reduced surprise is surprised by the surprise, after the “great resignation”, the “great resignation” and the impact of the pandemic is carried out to employees who are more rewarded or better paid in other places.

Bob SternfelsMcKinsey’s global managing partner, his colleagues last year that the company plans to be “in balance” by the end of 2024.

McKinsey’s Title contradicts a smaller opponent BcgLast month, global income for 2024 has increased by 10 percent, and about 1,000 employees have increased by about 33,000. His title stood in 30,000 two years ago.

According to its annual reports, at the end of 2022, in late 2022, McKinsey’s workforce was “45,000 plus” in 2022 and 45,100. The report for the 2024 published this month did not include employees’ numbers.

The report also includes a figure for 2024 in previous years. In 2023, McKinsey’s revenues were $ 16 billion.

McKinsey said: “Our company continues to grow, and we are doing more effective, we are doing more than ever. We continue to buy thousands of new advisers this year.”

Along with a slower income increase, the consulting industry is preparing to automate the tasks implemented by young employees while increasing the productivity of others, fighting the consulting industry.

EY’s Global Executive Director Janet Truncale, this month in the Institute of Milken this month, the company will not cut their work in response to the AI, but will do less. “Today, I think we can double the size with a labor force,” he said.

McKinsey said: “Generative AI allows new productivity to our teams.”