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McKinsey partners with New Voices Foundation on growing Black-owned businesses McKinsey & Company has partnered with New Voices Foundation to provide strategic scaling support to its member businesses.
01 September 2023
US consultancies struggling to find projects in China Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
McKinsey & Company releases 2022 ESG report McKinsey & Company on Tuesday released its 2022 environmental, social, and governance (ESG) report – tracking the management consultancy’s progress on goals in decarbonization and building inclusive
14 June 2023
McKinsey scolded by regulators for weak consulting work at Silicon Valley Bank The US Federal Reserve’s 102-page post-mortem report on Silicon Valley Bank (SVB) criticized McKinsey & Company for consulting work it performed for the now defunct bank in 2020 and 2021.
12 June 2023
MBB consultancies push back some MBA start dates to next year McKinsey & Company, Bain & Company, and Boston Consulting Group (BCG) have delayed the start dates of some new MBA hires to 2024, according to a Wall Street Journal report.
20 April 2023
McKinsey denies shuttering restructuring division McKinsey has denied a report from The Wall Street Journal saying the consulting firm is shutting down its corporate restructuring practice.
05 April 2023
McKinsey begins cutting 1,400 jobs McKinsey & Company is this week starting a round of layoffs that will affect 1,400 roles primarily in support functions, a person familiar with the matter told Bloomberg News.
30 March 2023
McKinsey offers organizational health index to non-profits A proprietary tool designed by McKinsey to measure organizational health is being offered free of charge to non-profits worldwide, with the firm expressing its critical importance to long-term perfor
20 March 2023
McKinsey & Company to cut approximately 2,000 jobs Consulting firm McKinsey & Company plans lay off approximately 2,000 employees, Bloomberg reported on Tuesday.
23 February 2023
Brooke Daniels rejoins McKinsey & Company as partner Brooke Daniels has rejoined McKinsey & Company as a New York-based partner in the advanced industries sector.
22 November 2022
McKinsey & Company buys supply chain firm SCM Connections McKinsey & Company has acquired SCM Connections (SCMC), a Chicago-based supply chain consulting firm. Founded in 2010, SCMC specializes in deploying advanced planning and scheduling (APS) software.
09 November 2022
McKinsey settles with US local governments over opioid consulting work McKinsey & Company has agreed to settle claims by hundreds of US local governments and school districts that the consulting firm fueled an opioid addiction crisis through its work for Purdue Pharma a
28 October 2022
McKinsey hires Jacky Wright as chief technology and platform officer Jacky Wright, chief digital officer of Microsoft US, will join McKinsey & Company later this year as its first chief technology and platform officer.
12 October 2022
New book 'When McKinsey Comes to Town' illuminates consultancy's work A new book from New York Times journalists Walt Bogdanich and Michael Forsythe – “When McKinsey Comes to Town: The Hidden Influence of the World’s Most Powerful Consulting Firm” – examines the influe
11 October 2022
Starbucks taps McKinsey alum Laxman Narasimhan as incoming CEO Starbucks has selected former McKinsey partner Laxman Narasimhan as its incoming CEO.
19 September 2022
US senators push for stronger conflict of interest rules for federal contractors A bipartisan group of US senators has drafted a bill that would impose stricter rules for consulting firms contracting with federal agencies – and would force them to disclose work with foreign adver
18 July 2022
McKinsey & Company plans to nearly double Atlanta workforce by 2025 Management consultancy McKinsey & Company last week announced plans to expand its Atlanta workforce from 800 to 1,500 people by 2025.
12 July 2022
McKinsey strengthens data capabilities with Caserta acquisition McKinsey & Company has acquired Caserta, a New York-based data analytics consulting and implementation firm.
02 June 2022
McKinsey advised Rostec on commercial and operational improvement McKinsey & Company provided consulting services to Russian weapons manufacturer Rostec at the same time it was advising the US Department of Defense.
24 May 2022
McKinsey grilled by house committee over parallel work in opioid case A Wednesday hearing before the House Committee on Oversight and Reform criticized consulting firm McKinsey & Company for advising opioid manufacturers at the same time that it provided services to the FDA.
02 May 2022
Corporate giants launch $925-million fund for carbon removal Stripe, Alphabet, Shopify, and McKinsey & Company have launched Frontier fund, a public benefit corporation aimed at supporting carbon removal startups and lowering the cost-per-ton to remove CO2 fro
13 April 2022
McKinsey: Worst-case scenario of Ukraine war includes US recession A recent McKinsey & Company report that examines the global economic impact of the Russian invasion of Ukraine says the worst-case scenario could result in a recession for the eurozone and United Sta
23 March 2022
Big consultancies move to cut ties with Russia after backlash The Big Three strategy firms and Big Four accounting and consulting firms have announced they are suspending operations in Russia.
07 March 2022
McKinsey, BCG and Bain bosses respond to Russia's criminal aggression Bob Sternfels (McKinsey & Company), Christoph Schweizer (Boston Consulting Group) and Manny Maceda (Bain & Company) share their response on the Russia-Ukraine war.
28 February 2022
McKinsey partner James Manyika joins Google as head of tech and society James Manyika, a former senior partner at consulting firm McKinsey & Company, has joined Google to serve in the newly created role of senior vice president of technology and society.
07 February 2022
Ex-McKinsey partner pleads guilty to insider trading Puneet Dikshit, a former partner at consulting firm McKinsey & Company, on December 15 pled guilty to a single count of securities fraud in Manhattan federal court.
03 January 2022
BCG and McKinsey senior leaders named LGBT+ executive role models INvolve, a diversity and inclusion consultancy, has named Gabrielle Novacek and Michael Schachtner of BCG and Diana Ellsworth of McKinsey among its 100 global OUTstanding LGBT+ Executive Role Models
01 December 2021
McKinsey investment fund pays $18 million to SEC for compliance failures MIO Partners, a private investment fund affiliated with consulting firm McKinsey & Company, has agreed to pay an $18-million fine to the US Securities and Exchange Commission over allegations the fund had ina
24 November 2021
McKinsey employees call out firm for advising globe's largest polluters More than 1,100 employees at consulting firm McKinsey and Company signed a letter earlier this year calling for the company to do more to encourage its clients – many of whom are among the most envir
29 October 2021
Pfizer hires McKinsey's Aamir Malik as dealmaking chief Pharmaceutical giant Pfizer has hired Aamir Malik, a senior partner in McKinsey & Company’s pharma & medical products practice, as EVP and chief business innovation officer.
30 August 2021
Asad Jabbar joins McKinsey as head of alliances for US public sector Asad Jabbar has joined strategy firm McKinsey & Company as head of alliance and partnerships for the US public sector. He is based in the Washington metropolitan area.
26 July 2021
Cultivated meat could be a $25-billion global industry by 2030 Cultivated (or lab-grown) meat could be a $25-billion global industry by 2030, according to a new report from consulting firm McKinsey & Company.
16 July 2021

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