S18E7: No, McKinsey Didn’t Just Lay Off 10% Of Its Staff (May 28, 2025)

Send us a text 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 misleading How voluntary attrition, tighter performance standards, and AI-driven efficiencies are reshaping the firm What this all says about the evolving consulting landscape Forget the clickbait. This is the real story behind McKinsey’s transformation - and what it signals for the industry’s future. Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday. Want the full daily experience? Follow the new Market Outsiders podcast to get every episode, Monday through Friday. Follow Management Consulted on LinkedIn and subscribe on YouTube Connect with Namaan and Jenny Rae on LinkedIn Connect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube ! Follow us on LinkedIn , Instagram , and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us ( team@managementconsulted.com ) with questions or feedback.