It’s about the whole business model. Fellow leading strategy consultancies Bain & Company and Boston Consulting Group (BCG) have also been trimming staff, mostly through McKinsey’s staff cuts reduced its total global headcount from more than 45,000 at the end of 2023 to around 40,000 by mid-2025. This follows a rare round of 1,400 job cuts last year. The firm initiated this restructuring as part of a wider Consulting firm McKinsey has reportedly discussed cutting thousands of jobs in support functions over the next two years as it looks to reverse five years of flat earnings while operating in an McKinsey eyes major layoffs of up to 10% of its staff as it embraces the AI revolution. That’s over 5000 employees, which marks the A McKinsey spokesperson told Fortune that its unusual approach to layoffs is all part of the company’s core mission to help people “learn and grow McKinsey has offered to pay some UK and US staff to leave the firm. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. Following Brutal: McKinsey just announced its largest-ever job cuts in 100 years, shedding over 10% of its staff amid slowing revenue growth and legal challenges 😳 This follows an aggressive pivot toward Consulting giant McKinsey & Company has laid off 10% of its global workforce in the past 18 months. Consultant Bain has McKinsey & Company has cut over 10% of its global workforce—amounting to approximately 5,000 roles—since the end of 2023. McKinsey & Company has quietly cut over 10% of its worldwide staff in the last 18 months, one of the biggest rounds of layoffs in its almost-century New York/London | McKinsey has cut more than 10 per cent of its staff in the past 18 months, reversing a big expansion plan that peaked during McKinsey layoffs in 2025 come amid a storm of legal challenges. McKinsey Layoffs: McKinsey & Company has laid off more than 10 per cent of its global workforce over the past 18 months, marking one of the McKinsey partners with leaders on strategy, innovating to net zero, leading with tech, and building capabilities for a sustainable, inclusive, growing future. The firm has faced immense scrutiny for its role in controversial engagements, McKinsey is not alone in its struggles. Discover how the consulting giant is restructuring support. The job cuts, which are among the largest in McKinsey’s nearly 100-year history, reflect the sharp slowdown in revenue growth across the consulting Global management consulting firm McKinsey has offered to pay hundreds of senior employees if they wish to leave the company and look for other jobs as the As McKinsey & Co. , the business strategy consulting firm that has long advised CEOs and Fortune 500s on how to “streamline” their workforces, is now preparing to cut its own workforce. As McKinsey & Co. “We will kick some ass as we start our second century 12-22-2025 THE NEW WAY WE WORK Why the McKinsey layoffs are a warning signal for consulting in the AI age This isn’t about one firm. “We will kick some ass as we start our second century,” the McKinsey & Co. The round of layoffs would be The company, which took in a record $15bn in revenue in 2021, surpassed that figure in 2022, a person close to McKinsey said, although a Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of layoffs, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The move As McKinsey & Co. . American multinational McKinsey is preparing to cut around 360 jobs across its design, data engineering, cloud and software divisions. McKinsey’s layoffs will affect about 3pc of 12,000 of workers across the business’s global offices who are considered as specialists or as having McKinsey & Company’s headcount has dropped by more than 10% in the past 18 months—the largest in the consulting firm’s history. The fall in staff is related to McKinsey's performance management McKinsey & Company’s headcount has dropped by more than 10% in the past 18 months—the largest in the consulting firm’s history. The dramatic move comes amid a broader Usearch identified 23 signals for McKinsey & Company, including: 5 Layoffs, 10 Partnerships and 8 Mergers and Acquisitions. “We will kick some ass as we start our second century Global consulting giant McKinsey plans to let go 2,000 of its employees, Bloomberg News reported Tuesday. The The consulting firm went on a major hiring spree during the pandemic.
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