18-December-2025
Corporate News
 
McKinsey weighs fresh cost cuts, eyes 10% reduction in support staff: Report
17-Dec-2025

McKinsey & Co. is reportedly considering a new round of cost cuts, which could include layoffs in roles that do not directly work with clients, as the firm deals with slower growth and a more challenging business environment. According to a Bloomberg report, McKinsey’s leadership has discussed plans with managers in support teams to cut about 10% of jobs in those areas. This could mean several thousand roles being reduced, with the process likely to happen gradually over the next 18-24 months.

News Source:- https://www.financialexpress.com/world-news/mckinsey-weighs-fresh-cost-cuts-eyes-10-reduction-in-support-staff-report/4079481/?ref=morelatest_hp