Friday, 24 March, 2023

McKinsey to cut 2,000 jobs in one of its biggest headcount reductions

<p>Management consultancy McKinsey &amp; Company has announced plans to cut around 2,000 jobs as part of its biggest-ever headcount reduction, in response to a decline in client demand for its services due to the Covid-19 pandemic. The company will also be reducing its office space and exploring new offerings to remain competitive in the industry. The move comes as McKinsey faces growing criticism over its business practices and ethics.</p>