NewsBite

McKinsey cuts 20 staff from Australia and NZ operation

Edmund Tadros
Edmund TadrosProfessional services editor
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Key Points

  • Why it matters: Consulting firms are leading indicators of economic health
  • McKinsey’s job cuts come after Accenture and KPMG also cut jobs
  • It’s all evidence that major corporations are cutting expenditure

The Pipeline features developing news from around the accounting and consulting sector.

McKinsey has cut about 20 staff from its Australian and New Zealand operation, 3 per cent of its local workforce, as part of a rare round of global redundancies aimed at offsetting a pullback in client demand.

Loading...
Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Professional services

Fetching latest articles

Most Viewed In Companies

    The Australian Financial Review Magazine

    Van Cleef & Arpels managing director, Oceania, Julie To.

    BOSS Financial Review

    AIA CEO Damien Mu

    Life & Leisure

    Rich List

    Zac Fried is opening “a retail store on steroids”.

    Original URL: https://www.afr.com/companies/professional-services/mckinsey-cuts-20-staff-from-australia-and-nz-operation-20230330-p5cwjg