McKinsey might cut approximately 10% of its workforce over the next 18-24 months, despite celebrating its 100th anniversary with promises of better times ahead. The consulting giant’s revenue has ...

As McKinsey & Co. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. “We will kick some ass as we start our second century,” the firm’s top ...

The company, now known as GE Aerospace, is no longer the sprawling conglomerate of yesteryear. Now singularly focused on the aerospace sector, the stock has once again become a strong performer.

Since the birth of management consultancy at the turn of the 20th century, people have questioned its usefulness. Bosses of firms that hire consultants are paid lavishly to define a vision and corral ...

“Business has been forced to adjust itself to staggering acceleration in the rate of change,” observed McKinsey, a consultancy, in a promotional pamphlet it published in 1940. “What period in history ...

Most companies that have adopted A.I. are using A.I. copilots, not agents. Philip Oroni/Unsplash Copilots, a term popularized by Microsoft since early 2023 (shortly after the launch of ChatGPT), are ...

McKinsey developed an internal AI tool called Lilli, which it released in 2023. Lilli helps with tasks usually completed by junior employees, like PowerPoint presentations. Now the firm reports that ...

McKinsey & Co.’s latest crop of 56 senior partners includes only six women, creating angst inside the consulting firm after it pledged to prioritize diversity while other blue-chip employers ...

The firm’s new strategy prioritized flexibility and efficiency. The consulting firm McKinsey has helped its clients navigate disruption in a wide range of industries. But what can we learn from how ...

McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia on ...

Reaching one of the most-coveted positions in consulting is getting even more difficult. The consulting giant McKinsey & Co. is admitting about 200 employees into its partnership, one of the smallest ...

EM Lyon provides funding as a member of The Conversation FR. EM Lyon provides funding as a member of The Conversation EUROPE. McKinsey & Company and other consulting firms have long faced criticisms ...