Exclusive | McKinsey Cuts Hundreds From China Workforce
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2024
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Should l Buy ?
Source: WSJ
McKinsey's Restructuring: McKinsey is restructuring its China operations by cutting nearly 500 jobs, which is about a third of its workforce in the region, and has stopped working with government-linked clients.
Separation of Operations: The firm is also separating its China business from its global operations to mitigate security risks, a trend that is becoming common among multinational companies.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
