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The report.

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, project magnolia.

Feb 22, 2023 · Feb 21 (Reuters) - Consulting giant McKinsey & Co is planning to cut about 2,000 jobs,.

. . (Reuters) -Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of layoffs.

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. Implementation is mostly about change management: transformation, restructuring, PMO (project management office) work. Under a plan dubbed Project Magnolia, the management team is hoping the move.

. The firm posted a record $15 billion in revenue in 2021.

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McKinsey Plans To Eliminate Nearly 2,000 Jobs; Layoffs To Be Finalised In Coming Weeks.

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McKinsey Plans To Eliminate Nearly 2,000 Jobs; Layoffs To Be Finalised In Coming Weeks. .

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Under an initiative called Project Magnolia, McKinsey's management team hoped the move would help preserve the compensation pool for its senior partners, the.

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Feb 22, 2023 · Under a plan dubbed Project Magnolia, McKinsey is hoping the move will help preserve the compensation pool for its partners.

Hornstein: At the start of the journey, we discovered we had more than 150 projects, not all of which were well defined or had clear success metrics. . Feb 23, 2023 · The jobs cuts come as part of “Project Magnolia,” which McKinsey maintains will help the company preserve the partners’ compensation pool.

. . Feb 22, 2023 · The Bloomberg report said the layoffs are a part of Project Magnolia, which the consulting firm hopes will help preserve the compensation pool of its partners. McKinsey’s move comes two years. .

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Reportedly, the layoffs are reportedly part of 'Project Magnolia', which the consulting firm. .

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said it’s planning on cutting 2,000 jobs under a plan called Project Magnolia, Bloomberg reported.

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