'An aspirational goal' | McKinsey's manager method: Is reskilling a viable alternative to layoffs?

It’s probably not escaped your attention that there’s a lot of layoffs going on right now.

And in the middle of tough economic conditions, it's unsurprising that consulting firms are being swept up in the tide. The Big Four collectively planned to make nearly 2,000 cuts in 2023 alone, and McKinsey announced a move to cut 1,400 jobs, around three per cent of its headcount.