So, I’ve been hearing a lot about how consulting firms are struggling lately. Layoffs, hiring freezes, you name it. A lot of boutique firms seem to be doing better than the big players like MBB and Big 4. Has anyone else noticed this trend? Are we heading into a tough time for consulting or is this just a phase?
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Current recession giving ‘08 vibes to consulting companies in India:
It seems like the bear market effects are down upon consulting firms now too
Got to know from multiple people that were joining top consulting firms that their onboarding is deferred by 6 months (across places like Bain, McK etc)
A...
Ironic that consultants aren’t able to manage their hiring demand better 🤔
It was only a matter of time. When the client have lesser money - and old projects get finished - consulting firms wi...
Def. happening at EY, and Accenture Consulting rn.
Heard rumors that McKinsey and BCG have hiring freezes for 2025. Anyone have insider info? How's Bain doing? Bad time to target consulting?
