Strategy Simplified
Strategy Simplified is here to demystify the consulting industry and help you land your dream job in management consulting. Hosted by the expert team at Management Consulted - the world's largest resource for consulting news and interview prep - each episode covers topics related to the consulting world, from interview preparation and case study techniques to networking strategies and industry trends. Whether you're just starting your career or looking to make a transition, Strategy Simplified is the go-to resource for anyone looking to break into the consulting industry. With actionable advice, insider tips, and real-life success stories, this podcast is the ultimate guide to simplifying your career strategy and landing your dream consulting job.
Strategy Simplified
S18E7: No, McKinsey Didn’t Just Lay Off 10% Of Its Staff (May 28, 2025)
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.
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