Mckinsey

McKinsey to kickstart layoffs this week, 1,400 jobs cuts likely: Bloomberg

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

India's tech spends to revert to pre-Covid levels, says McKinsey

Pandemic has decoupled the GDP growth and tech spends, it says

India offers many tailwind opportunities in various sectors: McKinsey India

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 .

McKinsey plans to cut about 2K jobs in one of its biggest rounds of layoffs

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

McKinsey: A profile in amorality

When McKinsey is held to account, the blame is invariably taken by the partners engaged in that transaction

COP27: To decarbonise by 2050, India needs investments of at least $7 trn

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

McKinsey lists 10 steps to decarbonise India while pursuing economic growth

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

The new science of a lost art

Borrowing the term crux from mountaineering, Dr Rumelt argues that it represents the most critical challenge to the desired progress

A CEO's counsel for 21-year-olds

References to popular movies and a conversational writing style make this book an easy read

McKinsey's Paris offices raided by french police in tax case

Prosecutors confirmed that evidence-gathering searches had begun on Tuesday

In search of CEO excellence

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

Gupshup acquires Bengaluru-based conversational AI provider AskSid

The acquisition strengthens Gupshup's AI-powered conversational solutions for e-commerce, retail and consumer goods industries

'Home nesting', telehealth spending to keep rising post-pandemic: McKinsey

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, McKinsey emerge as top recruiters in Cluster 1 of IIM-A placements

BCG and McKinsey made 32 and 30 job offers, respectively for the PGP class of 2021.

McKinsey reaches $573 mn settlement with states over role in opioid crisis

(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.

McKinsey agrees to settle claims over role in opioid crisis: Report

(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.

Bain & Co top recruiter in first cluster of IIM-A summer placements

Company extends 20 job offers; it is followed by BCG with 19 offers

US to achieve Covid herd immunity by end of 2021: McKinsey

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.

UK faces skills shortage as Covid-19 splits job market, says McKinsey

The consultants said their analysis showed 94% of the workforce lacked skills they will require in 2030

Amazon: How numbers lie at the centre of Jeff Bezos' management ethos

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.