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McKinsey to cut up to 2,000 jobs in back-office restructuring

Management consultancy has added 28,000 staff over the past five years

McKinsey could cull as many as 2,000 back-office staff as the global consulting firm embarks on one of the largest rounds of cuts in its history.

The precise number of job reductions has yet to be determined, but could range from several hundred to a couple thousand, a person directly familiar with the matter said.

The consultancy confirmed on Tuesday that it was “redesigning the way our non-client-serving teams operate for the first time in more than a decade, so that these teams can effectively support and scale with our firm”, but did not provide further details. News of the job reductions was first reported by Bloomberg.

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