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HOME/COMPANIES/MCKINSEY/OCT 1, 2023
REPORTED · NEWSPublished Jun 27, 2026

McKinsey Announces Layoffs Amid AI Transition

EMPLOYEES AFFECTED
300
SHARE OF WORKFORCE
~1.0%
EFFECTIVE DATE
Oct 1, 2023
300 OF 30,000 EMPLOYEES

What we know

Location: New York, NY, USA.

Based on news reporting.

Summary

McKinsey has laid off approximately 300 employees as part of a strategic shift towards artificial intelligence in consulting. The layoffs, which occurred in early October 2023, reflect the company's response to evolving market demands and the integration of AI technologies into their operations. This decision comes amid broader trends in the consulting industry, where firms are adapting to technological advancements and changing client needs. The affected employees were primarily based in New York, highlighting the company's focus on restructuring its workforce to align with future business objectives.

McKinsey cut 300 jobs as of October 1, 2023.

That is roughly 1% of the 30,000 people McKinsey employs.

LayoffTalk has tracked 7 layoff events at McKinsey since January 2023, affecting a combined 2,500 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

McKinsey cut 300 jobs on October 1, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.

SOURCE
News reporting
View original source ↗
M
McKinsey
Industrials · 30,000 employees
7
EVENTS TRACKED
2,500
AFFECTED SINCE 2023
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CREATED JUN 27, 2026LAST UPDATED JUN 27, 2026