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McKinsey

McKinsey headcount drops 10% as consultants feel the pinch again

Boom years for the sector are reversing with McKinsey the latest to make cuts, according to reports

    McKinsey boss’s next big consulting project: His own firm

    After a turbulent few years, Bob Sternfels talks about revamping the company’s structure and employee development; ‘Not everyone gets an A’

    8 min read

    Professional servicesMcKinseywsjcorp-nyEXCLUSIVE

    McKinsey’s leader survives, but voting reveals cracks at elite consulting firm

    Top partner Bob Sternfels wins a second term, but multiple rounds of voting show dissent among the partners

    8 min read

    McKinsey shrinks new partner class by roughly 35%

    Consulting giant recently told employees that about 250 people would become partners, down from around 380 a year ago

    4 min read

    McKinsey winding down bankruptcy unit after legal troubles

    The consulting firm’s bankruptcy practice attracted lawsuits and government investigations in recent years

    2 min read

    McKinsey to axe 2,000 jobs in firm-wide restructure

    The move would be one of its biggest headcount reductions to date

    1 min read

    Rising Stars of European Finance 2025

    Wanted

    Rising Stars of European Finance 2025

    David Ricketts
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    Quant hedge fund Teza names McKinsey’s Chavin to lead new London office

    Chavin has joined Teza after spending nearly 17 years at McKinsey

    1 min read

    McKinsey evacuates Russia staff to Kazakhstan

    Consultancy firm relocates staff from Moscow to Almaty

    2 min read

    PwC, Deloitte and EY condemn Russia, KPMG stops short as rivals drop clients

    McKinsey and Boston to no longer take work from Russian government clients, while KPMG says it is 'a difficult time' for those involved in the conflict

    5 min read

    Ex-McKinsey partner hit with securities fraud charges over Goldman Sachs’ acquisition

    Puneet Dikshit, charged with two counts of securities fraud, faces up to 20 years in prison on each count

    3 min read

    How McKinsey became a bank CEO factory: ‘Boards prefer that sort of experience’

    McKinsey partners are in vogue as banks face a fresh set of problems amid the pandemic. New Lloyds Banking Group boss Charlie Nunn spent five years as a senior partner at McKinsey

    European banks’ credit losses could exceed global financial crisis

    McKinsey's report on the European banking sector comes as businesses rely on lending to weather the pandemic

    Fee squeeze hurts profits in ‘anaemic’ year for US asset managers

    Profits dipped on the back of continued underperformance of stock pickers, according to McKinsey

    Most Read

    Secondments in the spotlight as key Brexit ministers depart

    An overwhelmed civil service has turned to the private sector for help - but for the seconded workers it can be a thorny issue

    5 min read

    McKinsey wins £1.5m UK Brexit contract

    US consulting firm has been tapped to organise more than 700 government plans relating to Brexit

    2 min read

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