No, McKinsey Didn’t Just Lay Off 10% Of Its Staff – What Actually Happened (May 28, 2025)

You may have seen the headlines: “McKinsey lays off 10% of its staff.” But is that really what happened? In this episode, we unpack the viral Financial Times story and cut through the hype to uncover what’s actually going on inside McKinsey.We explore:Why the 10% figure is misleadingHow voluntary attrition, tighter performance standards, and AI-driven efficiencies are reshaping the firmWhat this all says about the evolving consulting landscapeForget the clickbait. This is the real story behind McKinsey’s transformation - and what it signals for the industry’s future.More Market Outsiders:Connect with Namaan and Jenny Rae on LinkedInFollow Management Consulted on LinkedIn and subscribe on YouTube