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Women advance to leadership, but men still dominate the corporate ladder: McKinsey

Women advance to leadership, but men still dominate the corporate ladder: McKinsey

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6 mins read

How consulting lost its cool

Consulting firms are losing workers as workers lose interest in the industry and seek opportunities…

Lakshmi Varanasi,Tim Paradis,…   


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2 mins read

McKinsey tried to boost the morale of senior staff by blasting Eminem and Bob Marley at an internal event, report says

The consulting giant has had a difficult 18 months, global managing partner Bob Sternfels reported …

Polly Thompson   


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McKinsey is offering some staff 9 months of pay and career-coaching services to leave the firm: report

McKinsey said the move was part of its "ongoing effort to ensure our performance management and dev…

Kwan Wei Kevin Tan   


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A rare bee species reportedly put an end to Meta's plans for a nuclear-powered AI data center

Meta's plans for an AI data center running on nuclear power were complicated partly by the discover…

Sarah Jackson   


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My McKinsey performance rating is ruining my job prospects months after leaving the firm

A former McKinsey associate said the firm has manufactured bad performance reviews to avoid laying …

Lakshmi Varanasi   


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4 mins read

I was a consultant at McKinsey. Here's the frustrating way they pushed me out.

Ezra Gershanok, a former business analyst at McKinsey, says while the consultancy gives right-sizin…

Lakshmi Varanasi   


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McKinsey amps up pressure on staff to perform as the consulting business slows

Bloomberg reported that McKinsey told some staff members that they have an average of two years to …

Lakshmi Varanasi   


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2 mins read

McKinsey advised drug companies on how to 'turbocharge' opioid sales. Now it's under criminal investigation.

Prosecutors are probing McKinsey's role in advising opioid drugmakers. The opioid crisis has killed…

Meghan Morris   


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Sundar Pichai, James Gorman, and Sheryl Sandberg have all worked for McKinsey. Here's why the consultancy is a CEO factory.

McKinsey has become known as an incubator for top leadership talent, with many Fortune 500 CEOs num…

George Glover   


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McKinsey's 'unsatisfactory' performance warning for 3,000 workers is the latest bad news for big consulting companies

Employees at McKinsey and other big consulting firms say there just isn't enough work to go around,…

Lakshmi Varanasi   


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2 mins read

The CEO of IBM says he doesn't intend to 'get rid of' a single programmer because of AI

IBM's CEO predicted that programmers would get 30% more productive because of AI. "I don't intend …

Kai Xiang Teo   


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Generative AI could add up to $4.4 trillion to the global economy annually, McKinsey report says

Around 75% of the value generative AI could deliver is across areas like customer operations, marke…

Sawdah Bhaimiya   


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3 mins read

India needs to invest $12.1 trillion to achieve carbon neutrality by 2050: McKinsey

India will need to invest an estimated $12.1 trillion by 2050 to achieve carbon neutrality, say…

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Hinge's founder delayed starting a job at McKinsey after college and invested his $12,000 signing bonus into his dating website

Justin McLeod accepted a job offer from McKinsey in his second year of business school, but said he…

Sawdah Bhaimiya   


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3 mins read

Explained: How video commerce is helping online shoppers try before they buy

Explained: How video commerce is helping online shoppers try before they buy

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1 min read

Management consulting firm McKinsey & Co plans to cut 2,000 jobs after adding 17,000 over the past 5 years: reports

The roles to be cut will include departments like human resources and technology, sources told the …

Hannah Getahun   


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AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds

"The easy idea is you just replace juniors with an AI tool," a Deutsche Bank chief strategy officer…

Jennifer Sor