Back to News
McKinsey
STRONGAI LAYOFF

McKinsey: 2,000 jobs cut

March 1, 2024USManagement ConsultingMcKinsey

McKinsey laid off nearly 10% of non-client-facing staff. Reports indicate the motivation comes from AI and automation interests, signaling broader disruption of the consulting industry. There is strong evidence linking these cuts to AI adoption, with company leadership referencing automation and efficiency gains in public statements. Of the 2,000 total positions affected, our methodology estimates that approximately 1,500 roles (75%) are attributable to AI-driven changes. This is part of a broader pattern in Management Consulting where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.

Conservative

0

Core Estimate

1,500

Upper Bound

2,000

Sources

PrimaryFast CompanyMarch 1, 2024

McKinsey cuts nearly 10% of non-client-facing staff amid AI push

McKinsey laid off nearly 10% of non-client-facing staff. Reports indicate the motivation comes from AI and automation interests, signaling broader disruption of the consulting industry.

Read Original