Overview
- The reductions, carried out in the past week, target global technology roles as McKinsey accelerates automation of professional support tasks.
- A company spokesperson said McKinsey is using AI to make internal functions more efficient and effective.
- People familiar with the plans said additional reductions remain possible over the next 24 months as the firm evaluates tasks suitable for AI.
- Global managing partner Bob Sternfels has emphasized continued hiring in client-deployed roles alongside upskilling for remaining staff.
- McKinsey employs about 40,000 people worldwide and has deployed proprietary tools such as Lilli, which reports indicate see broad internal use.