Anonymous
Post 02/10/2024 06:38     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:
Anonymous wrote:Why not just do a layoff?


Bad press and severance.


They will be paying severance when they let them go anyways. Amazon does that too.
Anonymous
Post 02/10/2024 05:03     Subject: Re:McKinsey putting 3000 staffers on pip
It makes McKinsey look incompetent if they actually fire en masse.


Doesn't it make them look incompetent for having hired 3k employees who apparently do not meet their performance standards?

In any case, the honest thing to do would be to just have a mass layoff.
Anonymous
Post 02/10/2024 00:47     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why not just do a layoff?


Bad press and severance.


It's better to announce you have 3,000 poor performers attending client needs?


Most are probably fine and targeted for salary or just politics.
Anonymous
Post 02/10/2024 00:45     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why not just do a layoff?


Bad press and severance.


It's better to announce you have 3,000 poor performers attending client needs?


They aren’t being staffed on engagements right now
Anonymous
Post 02/10/2024 00:37     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:
Anonymous wrote:Why not just do a layoff?


Bad press and severance.


It's better to announce you have 3,000 poor performers attending client needs?
Anonymous
Post 02/10/2024 00:15     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:Why not just do a layoff?


Bad press and severance.
Anonymous
Post 02/10/2024 00:15     Subject: McKinsey putting 3000 staffers on pip
Amazon is doing the same thing.
Anonymous
Post 02/10/2024 00:10     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:PIPs suck. Just lay them off. Stop making employees jump through hoops only to be let go. Waste of time.


It makes McKinsey look incompetent if they actually fire en masse.

I went to a job market talk last week and there was an h.r. person who works for a McKinsey competitor. She's basically an internal career counselor and outplacement counselor. Gotta keep the pipeline moving!
Anonymous
Post 02/09/2024 23:52     Subject: McKinsey putting 3000 staffers on pip
PIPs suck. Just lay them off. Stop making employees jump through hoops only to be let go. Waste of time.
Anonymous
Post 02/09/2024 23:50     Subject: McKinsey putting 3000 staffers on pip
Word is many em’s at mck are only on 40% utilization right now

Anonymous
Post 02/09/2024 23:47     Subject: McKinsey putting 3000 staffers on pip
Did McKinsey put J1 J2 J3 guy in charge?
Anonymous
Post 02/09/2024 21:47     Subject: Re:McKinsey putting 3000 staffers on pip
Seems like companies are laying people off yet using a different term to describe the layoffs.
Anonymous
Post 02/09/2024 21:46     Subject: McKinsey putting 3000 staffers on pip
Anonymous wrote:Why not just do a layoff?


It’s bad for the brand

They did do some layoffs but mbb doesn’t like to straight up layoff peeps

Anonymous
Post 02/09/2024 21:42     Subject: McKinsey putting 3000 staffers on pip
Why not just do a layoff?
Anonymous
Post 02/09/2024 21:35     Subject: McKinsey putting 3000 staffers on pip
https://www.bloomberg.com/news/articles/2024-02-08/mckinsey-puts-about-3-000-staffers-on-review-as-economies-slow

Mck overhired so now putting 3000 staff on path to being counseled out