Top Management Consulting Firm McKinsey to Cut 360 Jobs Representing Around 3% of 12,000 Specialists or Technical Expert Workforce, Traditional Consultants are Not Affected by the Job Cut, McKinsey Has More than 45,000 Employees in 130 Cities & Reported $16 Billion in Revenue for 2023

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Top Management Consulting Firm McKinsey to Cut 360 Jobs Representing Around 3% of 12,000 Specialists or Technical Expert Workforce, Traditional Consultants are Not Affected by the Job Cut, McKinsey Has More than 45,000 Employees in 130 Cities & Reported $16 Billion in Revenue for 2023

11th April 2024 | Hong Kong

Top management consulting firm McKinsey has been reported to be cutting 360 jobs representing around 3% of 12,000 specialists or technical expert workforce, while traditional consultants are not affected by the job cut.  Mckinsey has more than 45,000 employees in 130 cities & reported $16 billion in revenue for 2023.  In 2023 April, McKinsey reorganized its Bankruptcy Advisory business after several lawsuits and government investigations on possible conflict of interests and insider trading,  paying $18 million in 2021 for insider trading government probe & $15 million in 2019 for conflict of interest disclosures.  The business unit is part of McKinsey Recovery and Transformation Services (RTS).   McKinsey is founded in 1926 in Chicago, United States.  McKinsey is a corporation but govern ourselves like a partnership, and are owned and governed by our partners worldwide.   McKinsey has a global reach of 133 cities in 67 countries, 35,000 employees.  McKinsey has no headquarter, with each Managing Partner choosing his or her home office.  The global managing partner is Bob Sternfels, since 2021. 

“ Top Management Consulting Firm McKinsey to Cut 360 Jobs Representing Around 3% of 12,000 Specialists or Technical Expert Workforce, Traditional Consultants are Not Affected by the Job Cut, McKinsey Has More than 45,000 Employees in 130 Cities & Reported $16 Billion in Revenue for 2023 “

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Top Management Consulting Firm McKinsey Reorganized Bankruptcy Advisory Business after Lawsuits & Government Investigations on Conflict of Interests & Insider Trading, Paid $18 Million in 2021 for Insider Trading Probe & $15 Million in 2019 for Conflict of Interest 

7th April 2023 – Top management consulting firm McKinsey is reorganizing its Bankruptcy Advisory business after several lawsuits and government investigations on possible conflict of interests and insider trading,  paying $18 million in 2021 for insider trading government probe & $15 million in 2019 for conflict of interest disclosures.  The business unit is part of McKinsey Recovery and Transformation Services (RTS).   McKinsey is founded in 1926 in Chicago, United States.  McKinsey is a corporation but govern ourselves like a partnership, and are owned and governed by our partners worldwide.   McKinsey has a global reach of 133 cities in 67 countries, 35,000 employees.  McKinsey has no headquarter, with each Managing Partner choosing his or her home office.  The global managing partner is Bob Sternfels, since 2021.

McKinsey 

McKinsey is a global management consulting firm committed to helping organizations accelerate sustainable and inclusive growth. We work with clients across the private, public, and social sectors to solve complex problems and create positive change for all their stakeholders. We combine bold strategies and transformative technologies to help organizations innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for this generation and the next.

McKinsey is founded in 1926 in Chicago, United States.  McKinsey is a corporation but govern ourselves like a partnership, and are owned and governed by our partners worldwide.   McKinsey has a global reach of 133 cities in 67 countries, 35,000 employees.  McKinsey has no headquarter, with Managing Partner choosing his or her home office.  The global managing partner is Bob Sternfels, since 2021.

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