Heard Kearney is struggling real bad with negative P&L? Thoughts?

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I was part of a 6 month investment that led to absolutely nothing recently which made me question a lot of things around here

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Agree
Partners don’t know how to scope, push back, no strong presence … end up doing 4+months free work
Almost on all projects, which is kinda weird!

likefunny

I heard the NIS was free as well

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2024: Bad MD bloats firm, leaves before it collapses to become global CEO, results in hundreds fired

2025: Hires the partner who did the same in RB, and left before it also collapse resulting in hundreds fired

Great times ahead.

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So at least he stayed around to fire hundreds this time around. Some improvements at least 🤷

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I won’t be surprised. They are doing free projects for the client I am working on

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Same experience on Mobily

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There's a sentiment in other firms that Kearney is dumping too.

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Indeed we’re in talk to sell to Bain - just got rid of the last bad apples to prepare for the carve out

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Bain are the kings of due diligence but botched their own

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Still one of the strongest consultancies in MEA with ~750 consultants.
If K is struggling with P&L imagine what is happening with others?

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😛

Yupe heavily hiring people who end up sitting on the bench for months, while they’re talking about double digits growth. I heard about terrible leadership, now seeing it first hand.

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Of course, they’re still there. Birds of a feather flock together!

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This would’ve been a good idea years ago, but sentiment was Bain could just hire who they wanted for less money. Now the most talented partners have left I think Bain would even more prefer to just go hire them

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But somehow not hiring the talented ones who got OCd. Strange

Where did you hear that KPMG?

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OP as a manager you know that first you should check the industry and then the firm. Check t1 - see this cycle. Check t2 - see who is left.

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