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Many people are leaving, so not necessarily.

There's actually a dearth of tenured post-MBA folks in North America from what I've heard. Over-hiring is not going to be the biggest problem. I've heard we're also trying to hire EM-level people with extremely similar experience.

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The party line in all firms will be they’ll throttle down hiring to make sure they’re in sync with growth and the pyramid promotion structure solves for throttling at different levels.

The reality is, they will make heads roll when they need to and they won’t be called layoffs. The performance bar is an amorphous beast that can be adjusted as needed.

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I think we're in the same boat at McK. Bottle neck is SM so that's where the focus of recruiting is going - cognizant that we need to keep feeding the bottom of the funnel.

I can't see layoffs being in the game plan (touch wood!).

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Too many questions to answer (sorry).

Quick response is business is doing extremely well, we desperately need the people. Also tons of burn in mid (project leader) levels.

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Issue is at the SM level so there will be plenty of headroom for post-MBA starters to grow into (especially given our ridiculous growth)

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It’s a demand driven business, supply just trying to keep up

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We can always be kicked out quite easily.

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