Seeing a lot of BCG hiring topics here lately. Something unusual (firm trying to grow, too many pandemic related projects) or BAU?

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Aggressively trimmed staff is an overstatement - more like we slowed hiring and kept normal attrition levels and then got normal growth and so we’re running hot now.

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Voluntary attrition was also within normal bounds.

BCG aggressively trimmed staff last spring and summer in expectation of a COVID downturn that never really materialized, and has been sold out ever since.

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I heard they outcounseled too many people and their pipeline is much larger than anticipated

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Combination of the following in my opinion:
1. Slightly more aggressive counseling out during COVID and eliminating hiring during that time in anticipation of a downturn

2. Downturn was brief, very high demand after in both traditional projects + COVID related (maybe getting more MCK business too due to the news?). Even industries that have been impacted a lot by COVID are still spending on consultants to help navigate through the crisis.

3. Supposedly worst WLB in COVID world, partly driven by #1 and #2, maybe driven by culture, and likely also driven by going from the best perks in industry (flying bizclass staying at Ritz spending $$$ on food) to eating ramen at home bc no time to cook-+ working 2-3 hours more/day->leading to higher voluntary attrition. Outside of a few pockets in industry, exit opportunities continue to plentiful so people leave to greener pastures.

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