McKinsey Offers Generous Exit Package to Employees
McKinsey & Co is offering some employees in the U.K. and the U.S. nine months of pay and career training to leave the firm, as part of an initiative linked to the company's staffing levels. The initiative allows workers to focus on finding a new job for nine months before leaving the consulting firm, with access to career coaching and company-provided tools. The move comes as McKinsey and other consulting firms navigate a slowdown in the industry, which reportedly produces about $860 billion globally.