This post was originally published on this site
The shock value that 2025 brings has no end. For now, it is McKinsey layoffs making headlines as the consulting giant announced it is trimming 10% of its global workforce, i.e. approximately 5,000 job cuts. This marks one of the largest McKinsey job cuts in its nearly century-long history. The latest layoffs at McKinsey will now reduce its headcount from over 45,000 in 2023 to about 40,000 today. While the giant cites a slowdown in client demand and the rise of AI as key drivers, a much deeper issue remains unseen. There are several legal and ethical controversies that exacerbated