With the news about McK also offering severance based voluntary attrition, wanted to get a sense of how are things across MBB in India?
The hiring has been over optimised, the batch of 2024 and the summer intern batch, count of new hires should go back to 2019 levels
How is the promotion scene looking like? Are you hearing of headcount rationalization in the India offices?
Folks were expecting natural attrition will help with HC nos, I don't think it has really played out that way
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 🤔
The batch of 2022 was one of the largest, and it's unlikely the system will be able to absorb so many associates/ consultants. How is the morale at your MBB, what is the gossip/ rumours
How is the bench scene like? Are promotions likely to be delayed? What are some rumours
How’s the hiring scenario at MBB for front end consulting role? Are they accepting referral based interviews?
Internals, is this true? The market seems pretty unstable in the service sector, the hiring freezes for freshers, and such a bad situation internally! What's the positive you see in this situation?
