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This seems more like economic belt tightening and would be odd if it’s just McKinsey. McKinsey consults so they hire when clients need more and fire when clien
by prepend 4y ago
This seems more like economic belt tightening and would be odd if it’s just McKinsey.
McKinsey consults so they hire when clients need more and fire when clients need less.
We’ll see if this just ends up being an economic indicator that big companies that can afford high bill rate consultants have less money to spend.
- anonymouskimmer 4y ago> We’ll see if this just ends up being an economic indicator that big companies that can afford high bill rate consultants have less money to spend. https://www.yardeni.com/pub/sp500margin.pdf https://www.yardeni.com/pub/sp500margin.pdf The profit margins (S&P500) have dropped from their possibly all-time highs to what they were back in 2017/18 (the previous highs).