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Overall layoffs will amount to 3% of the workforce. According to Bloomberg, the company's workforce has risen to nearly 47,000 from 28,000 in the past five years. It was around 17,000 in 2012
Pandemic has decoupled the GDP growth and tech spends, it says
Companies must choose growth mindset and constantly evaluate resource allocation to boost growth, McKinsey India said. Growth is the only oxygen that India needs, McKinsey India senior partner Jaidit Brar said at the annual convention of Madras Management Association here. "The drivers of margin accretive growth are relentless cost and value engineering; quality of revenue, new business models and scale benefits," he said at the event which was held on the theme "India's Century: How to Drive Sustainable, Inclusive Growth?". Companies must choose growth mindset, constantly evaluate resource allocation, pursue adjacent opportunities, serve global markets, he said. NITI Aayog former CEO Parameswaran Iyer said the Centre wants to create facilities that would remove the divide between villages and cities and government would be an enabler and not implementer. India is very much on the path to become a developed nation, thanks to its economy, sound macro-economic fundamentals, robust .
The plan is expected to be finalized in the coming weeks, and the final number of roles to be eliminated from its 45,000 workforce could still change
When McKinsey is held to account, the blame is invariably taken by the partners engaged in that transaction
And India's progress towards net zero by 2070 will depend on how successful it is in facilitating an orderly transition to a clean economy
India emits a net 2.9 gigatons of carbon-dioxide equivalent every year, third-largest globally, as of 2019, according to a report recently released by McKinsey Sustainability
Borrowing the term crux from mountaineering, Dr Rumelt argues that it represents the most critical challenge to the desired progress
References to popular movies and a conversational writing style make this book an easy read
Prosecutors confirmed that evidence-gathering searches had begun on Tuesday
The theme of this book follows in the genre of several books like the Lessons of Excellence by Tom Peters and Bob Waterman - both also, coincidentally, McKinsey consultants
The acquisition strengthens Gupshup's AI-powered conversational solutions for e-commerce, retail and consumer goods industries
With many high-earning employees not expected back in the office full-time, 'home nesting' that became a feature of pandemic is set to continue, leading to sustained higher spending on home offices
BCG and McKinsey made 32 and 30 job offers, respectively for the PGP class of 2021.
(Reuters) - McKinsey & Co, the consulting firm, has agreed to pay $573 million to resolve investigations by most U.S. states over its alleged role in "turbocharging" sales of opioids such as OxyContin, fueling a nationwide epidemic.
(Reuters) - Consulting firm McKinsey & Co has agreed to pay $573 million to resolve claims by more than 40 U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a person familiar with the matter.
Company extends 20 job offers; it is followed by BCG with 19 offers
The positive readouts from the vaccine trials mean that the United States will most likely reach an epidemiological end to the Covid-19 pandemic (herd immunity) in Q3 or Q4 2021, according to a research by McKinsey & Co.
The consultants said their analysis showed 94% of the workforce lacked skills they will require in 2030
In 1994, Bezos had just discovered that web activity had increased by a factor of roughly 2,300% in the past year. Later, he quit the lucrative Wall Street job and began his own business.