Oliver Wyman just reduced firm shutdowns next year (we used to have 2 a quarter). Are other T2 and MBB firms following? This seems incredibly short sighted of OW

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I haven’t heard of anything comparable at other MBBOs or at T2 firms.

funnylikehelpful

MBBO you mean BOMB?

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No, it did not. You're at OW so it is fair to assume you're capable of reading...

The firm (actually, the Americas portion) announced there won't be any recharge day ON THE FIRST QUARTER of 2023, due to expected lower level of work - which makes sense given the expected recession.

Yes, I also didn't like this decision, but please...

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Glad I don’t work with you - this comment is particularly snarky.

Margin pressure is on

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Shutdowns work only when clients shut down. Otherwise, its always about taking PTO during long weekends

I have the 2023 office closure invite on my calendar so I’m assuming not following

Yah them joe days only

How does lower level of work translate into fewer recharge days? Should not underutilization lead to the same or higher number of recharge days?

That makes sense

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Bird > Jump > Lime

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likehelpful

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