New York/London | McKinsey has cut more than 10 per cent of its staff in the past 18 months, reversing a big expansion plan that peaked during the coronavirus pandemic when consulting services were in high demand and the firm increased its workforce by almost two-thirds.
The consulting firm has about 40,000 employees, according to people familiar with the matter, compared with more than 45,000 at the end of 2023, when it most recently published a figure.
