What factors are driving McKinsey’s recent workforce reductions and decrease in total headcount, even as its closest competitors, especially BCG, continue to aggressively expand their hiring? Is this a strategic recalibration in response to shifting market demands, a reflection of differing growth trajectories in the consulting industry, or something else entirely?

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We’re going broke. You heard it here first.

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Recommendation: crime

Legal disclaimer: 🤞

Did the Purdue Pharma engagement utilize "disclaimers about liability and responsibility"? If so, did that save you?

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Consulting is a dead end career, has lost all its exclusivity and charm, has been on a steady decline last 10 years with last 5 years truly accelerating it with mediocre talent and AI being the final nail in coffin.

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BCG1 u wish babes

The workforce reduction seems primarily on the non-client facing support staff, and at least the rationale stated publicly is productivity improvements driven by AI (which kind of makes sense)…

None of the other reasons mentioned above is McKinsey specific and based on the grapevine they are having a good year this year

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This is so funny. McK is by far having the best year since COVID, and thank god we reduced headcount and are back to being more selective… last few years were ridiculous

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lol!!! Yes recent three years haven’t been great but dont underestimate how good the year right after COVID started was

Most selective consulting firm in the industry ghSMART is willing to interview MBB refugees who desire freedom to own your own calendar, less travel, more money, more impact, and work with super nice people who embrace “generosity and gratitude” as a value. Sound too weird to be true? Don’t apply. If you are a top 5% MBB distinctive rated superstar, please DM me. Thanks! I’m the founder. Can get you to the right people instantly. Like the TSA Pre line. 🤣😂

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Anyone looking for full time work in the Kansas City, KS area? I'm a Recruiter at Spectrum and we have a new location here with great opportunities for those just starting their call center career and those who may be looking for a company with advancement opportunities. Let me know and I can share the job posting link. Thanks!

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Xena's brother, Beau, at Carolina Beach Saturday.

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I’ve been ghosted again. For the 4th time. In a horrible year of forced freelance/unemployment. And these weren’t just initial stage ghostings but like 5+interviews in. In one case... (continued)

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Anyone have experience going back to school for either an LLM, MBA or something else while still maintaining their practice? Considering going for my MBA to open practice to more business consulting, but maintaining my full time practice. For context, I am an associate at a 5-7 attorney firm with a billable target in the 1300 vicinity.

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Hello all,
Anyone who had been recently interviewed for Salesforce technical support engineer profile, please share what sort of questions were asked in interviews and how many rounds were there?

Please drop 11 likes for message enablement.

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please help me get to 11 likes to unlock the messaging features. Thanks a ton in advance 😊

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Anyone done the Booth video question yet?

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Hey guys,

is it safe to move to healthcare organization which is established in India only 2 years ago, but in US it was established around 160+ years ago, keeping in mind on recession and job security?

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Fractal Infosys Tata Consultancy IBM Wipro Nagarro

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Hi,

My LWD was on 28th June 2022, till when I will get the Releiving letter and FNF amount ??

Or do I need to drop the mail to anyone regarding this ??

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Pro Tip:
Make it SOP to have a debrief session calendared directly after major meetings, can be 10 mins

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What’s a good way to assess the health of a practice group (e.g. bench strength and that they’ll be enough work to go around)?

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Hey fishes, a close friend is a current MBA candidate with a legal background aiming to break into consulting in Paris, and looking for referrals at different strategy houses - please DM if you'd be able to!

Fishbowl does not let students have accounts so helping her out!

Merci beaucoup

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What are everyone's thoughts on making the Monthly Child Tax Credit permanent? I think it is an important step to care for the families in our area, but I know not everyone believes in this program

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Does anyone have question suggestions for a final interview with skip level boss? Big picture, vision for the role + team, growth strategy type questions! Thanks :)

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Additional Posts in All Things MBB

Applied to McKinsey as an experienced hire in the first week of December. Any insight on potential / average timeline for hearing back in the current climate?

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Fellow MBBers, any of you think the banking raises will trickle over to us (110k starting) or nah?

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Anyone know the raise amounts for BCG yet?

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Do you always need an MBA to get into MBB?

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I've a question on what sections to put on a regular resume. I see some people are using consulting style resume for outside companies as well. Do you think it's a good idea to devide work experience by projets? Or is it better to have "projects highlights" separate from work experience.. something like: intro>functional expertise> project highlights>work experience>education?

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What do you think about the new BCG practice on Transformation? Is it a repackaging of TURN or something better?

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McKinsey & Company Does your McKinsey account on the get started page which has information about onboarding etc. only activate after a certain amount of time (e.g., only 30 days before your start date)? i can’t login McKinsey & Company

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Any 🐠 from London Business School here working at MBB in the US? I am a current MBA student and would love to connect with alums to know more about their experience about cross geography recruiting.

A friend of mine applied for a job at Bain and he said part of application requested his SAT scores! What’s the point of asking for his test scores? He has a degree.

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Have McK phone case coming up, has anyone had feedback on why you haven’t passed? Looking to avoid missteps.

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Got rejected from McK after one final round interview didn’t go well. When can I reapply? I was being considered for a post-MBA role. Super bummed

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Best way to improve critical thinking?

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Do MBB pay a referral bonus if your referral gets hired?

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Just took this BCG Quant Reasoning test and I think I messed it up. Some of the units are so confusing. Is nearest 000s of pounds 23000 or 23? They don’t partial mark it and the whole test was filled with this sort of thing. Oh well

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Finally, closure. I now understand the "not creative enough" feedback from McKinsey.

I know, too soon! Tasteless, Smug, Self Gratification, False Self Conciliation..... Haha

Seriously, shout out to all the great people at Mck having to suffer from the stupid actions of a few. It will blow by soon. Keep your heads up!

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BCG versus McK for digital consulting? If we are looking broadly at the digital transformation space, then what are some of the strengths of each of firm as well as any glaring drawbacks?

Looking at Forrester, they are both leaders in the space, but it would be helpful to understand the perception of each.

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Got a referral to BCG and still haven’t had anybody follow up to screen or interview me. It’s been two weeks now. Lol do I give up all hope? How long does this usually take?

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Can Mck fish please advise on the role of a sponsor? How is different from role of mentor? TIA

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Does previous Consulting experience increase your odds when applying for MBB during MBA recruiting?

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How is performance measured at MBB?

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