How are the layoffs looking like your ME firms. I heard RB, OW, ADL, MCK and BCG were letting people go in KSA and UAE

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No layoffs at McK, normal rate of concerns/issues/CTLs

helpfulsmart

Where are these numbers from?

I sat in the committee and have the full sheet with concerns/CTL

Concern+CTL is around 15% used to be around 15-20% every cycle before

The mix between concern and CTL is slightly different but statistically insignificant

Discussions in the committee are similar to committees of last 4-5 years

Not much noticeable at BCG.

likehelpful

Still safe at ADL

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ADL didn’t even have their performance cycle yet… stop spreading fake rumors

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So the real rumors are... real?

funny

Layoffs only have one look and that’s called ‘unpleasant’ look. Yes - but that’s part and parcel
of consulting.

helpful

It was more to understand how big the damage was (e.g: 10% of consulting headcount)

No OCs or layoffs at all as part of this end of year evaluation cycle. We had more than enough before

helpful

OP - Not completely, no. We’re not hiring regularly or heavily, but are still bringing in some strategic and senior hires and Saudi nationals

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