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S18E7: No, McKinsey Didn’t Just Lay Off 10% Of Its Staff (May 28, 2025)
Manage episode 485455709 series 2661694
You may have seen the headlines: “McKinsey lays off 10% of its staff.” But is that really what happened?
In this episode, we unpack the viral Financial Times story and cut through the hype to uncover what’s actually going on inside McKinsey.
We explore:
- Why the 10% figure is misleading
- How voluntary attrition, tighter performance standards, and AI-driven efficiencies are reshaping the firm
- What this all says about the evolving consulting landscape
Forget the clickbait. This is the real story behind McKinsey’s transformation - and what it signals for the industry’s future.
Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday.
Want the full daily experience? Follow the new Market Outsiders podcast to get every episode, Monday through Friday.
- Follow Management Consulted on LinkedIn and subscribe on YouTube
- Connect with Namaan and Jenny Rae on LinkedIn
Join Management Consulted for the NYC Case Camp from June 27-29
- Intensive, hands-on experience that will give you skills, confidence, and insider insights to break into consulting
- Seats are limited; confirm your spot
540 episodes
Manage episode 485455709 series 2661694
You may have seen the headlines: “McKinsey lays off 10% of its staff.” But is that really what happened?
In this episode, we unpack the viral Financial Times story and cut through the hype to uncover what’s actually going on inside McKinsey.
We explore:
- Why the 10% figure is misleading
- How voluntary attrition, tighter performance standards, and AI-driven efficiencies are reshaping the firm
- What this all says about the evolving consulting landscape
Forget the clickbait. This is the real story behind McKinsey’s transformation - and what it signals for the industry’s future.
Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday.
Want the full daily experience? Follow the new Market Outsiders podcast to get every episode, Monday through Friday.
- Follow Management Consulted on LinkedIn and subscribe on YouTube
- Connect with Namaan and Jenny Rae on LinkedIn
Join Management Consulted for the NYC Case Camp from June 27-29
- Intensive, hands-on experience that will give you skills, confidence, and insider insights to break into consulting
- Seats are limited; confirm your spot
540 episodes
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