How are McKinsey and other MBB firms doing? Any layoff/furlough in any department?

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Synthesis: doing well

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Most concise yet informative post all week.

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Please keep the number of likes equal among all three posts

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At 170 likes, equal. This is Gods work!

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I’m glad McKinsey commented first. Would’ve really bothered me if it was in the wrong order lol

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Wasn't that BlackBerry messenger?

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MECE in its purest

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It’s pronounced /‘mesi/

To be clear though - with strict up or out promotion points every ~2 years and opportunities to force people out at interim reviews, MBB has powerful levers to manage headcount with out resorting to layoffs or furloughs

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H 8n e

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BCG Paris are doing salary reductions, not sure if they are temporary or permanent though...

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Synthesis: EU is falling apart?

I opened up a small company and I’m selling and will be hiring in May

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@MC1 in NY and NJ - financial services with data management background. Someone who is mature, can articulate, challenge and present complex data to client. Core consulting is the key to win the client heart

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I don't think any of the major reputable consulting firms have dones any COVID-19 related layoffs, right?

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Layed off 5+%

Ok so no layoffs. But what about new hires? Especially campus recruiting in Fall 2020? Is it potentially going to be lower than usual?

Campus recruiting will likely be similar to usual - have to maintain those pyramids. But lateral and experienced hire will likely fall off.

Doesn’t mean competition for that same number of spots won’t also be higher though.

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Im facing exactly this same situation as the person who post. Is there a way we can dm each other? Which office r u at? Wht did hr tell u? Hr told me that i have the option to leave voluntarily even though performance rd has nt been conducted n no CTL yet.. they somehow told me tht CTL is highly likely.. please share more details of your situation

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I am soooo slow right now… nyc. How’s everyone else doing. I’m getting a little nervous about this economy and seeing a lot of layoffs in other bowls 😣

How do salaries in MBB and FAANG strategy roles compare? At the post-MBA level.

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Hi Folks having YOE of 3.7 yrs in IT, any chance to move to any one of MBB

Tomorrow is my first day at my new job after being layoff... I enjoyed seen this post with stats so here is mine:)

2 months (pluss 2 weeks after accepting a offer, just waiting for paperwork etc)

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Anyone hearing noise about layoffs?

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Bain & Company I will be heading to MBB in a few months. Any advice for how to best prepare for my new role? Any advice on books to read / skills to sharpen before I officially start? Thank you!

McKinsey & Company, Boston Consulting Group, Bain & Company.

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