Has McKinsey or Bain let people go at the year mark? Just got let go at my year mark, and also personally know about 25% of our intern class who was also let go at or around the year mark. Seems like BCG got a lot more aggressive early, but wondering where Bain and McKinsey fell on this (did they let people go later?)

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1/3 of my mba classmates (30-ish) are being let go at 1.5 year mark

likehelpful

Hello! The answer seems to be yes

For example, I am the bowl leader for the “surviving a pip “bowl and a ton of Bain professionals are joining that bowl

When I asked about this people from Bane said that this is happening

Sorry this happened to you

Same thing is happening at McKinsey

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WOW I had no clue…

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Everyone is doing it but BCG is the most aggressive of them all

likehelpful

For those two things to happen in less than a year gave me whiplash not gonna lie

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McKinsey has definitely increased concerns and CTLs in the last year.

My understanding is Bain handled hiring more cautious than MB did and thus not needing to correct in the same way rn

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Your understanding is incorrect re:Bain

Bain is doing it too

likeuplifting

For my office, seems to be a small % at the 1 year mark but it is happening. More at 1.5

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Yes at McKinsey but not exactly at the year mark.

If you joined in July 2022, you’re highly unlikely to have gotten concerns until Nov 2023. From that point you have a 3 month check in, and if you pass, until April. Then if you’re CTL in April you have 6-8 weeks search

There are people at the 1yr mark, but 1.75-2 years is probably closer to the avg

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When I was at BCG early last year, people were being let go at the 7 month mark (cdc + 6 week check in)

The fact that it’s 1 year now is actually better.

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