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McKinsey cuts 20 staff from Australia and NZ operation

Edmund Tadros
Edmund TadrosProfessional services editor
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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.

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