McKinsey & Co. Announces Layoffs; To Cut Around 360 Jobs
The reductions are part of McKinsey’s strategy to align the size of certain capabilities.
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The reductions are part of McKinsey’s strategy to align the size of certain capabilities.
Lionel Kaidatzis, Managing Director of Morgan McKinley Japan, says that organisations can improve the choice of skills available and gain access to experience with cutting-edge technologies if they look at non-Japanese speaking overseas-based professionals.
Tarun Chhabra succeeds Sanjay Malik, who will remain in the company till March 31, 2024.
Wipro Layoffs: Wipro had acquired consulting firm Capco for $1.45 billion in 2021, making this CEO Thierry Delaporte’s biggest bet. However, as post-Covid growth fell and world economies cooled, the consulting business slowed down as customers curbed spending.
Wipro plans mid-level layoffs at onsite locations to boost profits amid industry competition challenges.