McKinsey & Company news in the USA

News from consulting firm McKinsey & Company in the USA:

Mattel hires ex-McKinsey partner Ken Wee as chief strategy officer Mattel, a toy manufacturing and entertainment company, has hired former McKinsey partner Ken Wee as EVP and chief strategy officer.
11 September 2024
McKinsey releases 2023 ESG report McKinsey & Company yesterday released its 2023 environmental, social, and governance (ESG) report, which chronicles how the consultancy has partnered with clients, colleagues, and communities to driv
16 May 2024
McKinsey pressures staff to get promoted or get lost McKinsey & Company is raising the “up or out” pressure on some US consultants, people familiar with the matter told Bloomberg, with the management consulting firm warning staff last week they are run
28 March 2024
McKinsey buys Houston-based Strategic Estimating Systems McKinsey & Company has acquired Strategic Estimating Systems (SES), a Houston-based consultancy focusing on cost estimation services for the oil and gas industry.
06 March 2024
Republicans call for McKinsey contract ban after China advisory work Senior Republican lawmakers have called for McKinsey & Company’s ban from federal contracts after a Financial Times report uncovered a think tank led by the consultancy gave policy recommendations to
27 February 2024
McKinsey puts 3,000 consultants on notice McKinsey & Company has warned approximately 3,000 of its global consultants that their performance is unsatisfactory and needs to improve, people familiar with the matter told Bloomberg News.
12 February 2024
Time names McKinsey America's best company for future leaders Consulting firm McKinsey & Company topped Time Magazine and Statista’s ranking of the 150 Best Companies for Future Leaders.
09 February 2024
McKinsey's prime US federal contracts drop to nine-year low McKinsey & Company’s revenue from prime US federal contracts in FY2023 fell to its lowest level since 2014, the Financial Times reported on Sunday.
16 January 2024
McKinsey settles with health insurers for $78 million over opioid work McKinsey & Company has agreed to pay $78 million to resolve claims from US health insurers and benefit plans that it helped fuel the opioid crisis, Reuters reported on Friday.
03 January 2024
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

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