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AI Is Coming for the Consultants. Inside McKinsey, ‘This Is Existential.’ - If AI can analyze information, crunch data and deliver a slick PowerPoint deck ...
wsj.com/tech/ai/mckinsey-consulting-firms-ai-strategy-89fbf1be
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Wall Street's $1.5 billion plan to build the 'McKinsey of AI': Some of Wall Street's biggest investors, like Blackstone, are teaming up with Anthropic to build a ...
businessinsider.com/blackstone-anthropic-hellman-goldman-sachs-ai-joint-venture-consulting-2026-5
McKinsey’s new AI report argues the productivity payoff is real but conditional: The firm’s new ‘AI productivity gains and the performance paradox’ report ...
thenextweb.com/news/mckinsey-ai-productivity-paradox-enterprise-roi-capex

McKinsey Plans to Use AI Agents to Help Choose Client Teams: The move marks the firm’s latest step to adopt artificial intelligence across its operations.
bloomberg.com/news/articles/2026-05-01/mckinsey-plans-to-use-ai-agents-to-help-choose-client-teams

Paid articlePaywallMcKinsey is laying off white-collar workers — and it's a sign of something bigger
qz.com/mckinsey-white-collar-jobs-layoffs

4 MBB consultants quit to be AI founders and had to unlearn consulting: Four former consultants from McKinsey, Bain, and BCG who quit to found AI startups share ...
businessinsider.com/mbb-consultants-quit-ai-founders-startups-unlearn-consulting-2026-4
The rise of India's consultant CEO: From advisor to executor: India Inc is increasingly hiring strategic consultants from firms like McKinsey, Bain ...
livemint.com/companies/india-inc-hiring-strategic-consultants-top-executive-roles-11771743801368.html

Paid articlePaywallMcKinsey asks graduates to use AI chatbot in recruitment process: Blue-chip consultancy’s boss says firm has an AI ‘workforce’ of 20,000 agents operating ...
theguardian.com/business/2026/jan/14/mckinsey-graduates-ai-chatbot-recruitment-consultancy

After 7 years at McKinsey, I left to build an AI healthtech startup: Julius Bruch spent seven years at McKinsey before founding an AI dementia startup ...
businessinsider.com/mckinsey-consultant-ai-startup-founder-isaac-health-julius-bruch-2026-1
McKinsey boss shares 3 human skills that AI models can't do: Bob Sternfels, global managing partner at McKinsey, identified three human skills that he said the ...
businessinsider.com/mckinsey-boss-shares-human-skills-ai-models-cant-do-2026-1
McKinsey weighs fresh cost cuts, eyes 10% reduction in support staff: Report: At the event, global managing partner Bob Sternfels reportedly told partners that ...
financialexpress.com/world-news/mckinsey-weighs-fresh-cost-cuts-eyes-10-reduction-in-support-staff-report/4079481/

McKinsey Faces Its AI Future: McKinsey & Co. Global Managing Partner Bob Sternfels on how AI is changing his own organization.
hbr.org/2025/12/mckinsey-faces-its-ai-future

Paid articlePaywallMcKinsey Terrified as It Realizes AI Can Do Its Job Perfectly: The illustrious consulting firm McKinsey is reckoning with AI like everyone else as it threatens ...
futurism.com/mckinsey-terrified-ai-do-its-job

McKinsey Terrified as It Realizes AI Can Do Its Job Perfectly: The illustrious consulting firm McKinsey is reckoning with AI like everyone else as it threatens ...
futurism.com/mckinsey-terrified-ai-do-its-job

AI and Trump put consulting firms under pressure: Deloitte and Booz Allen announced layoffs after the White House nixed their lucrative consulting contracts.
axios.com/2025/08/10/ai-trump-deloitte-accenture-consulting

AI Is Coming for the Consultants. Inside McKinsey, ‘This Is Existential.’ - If AI can analyze information, crunch data and deliver a slick PowerPoint deck ...
wsj.com/tech/ai/mckinsey-consulting-firms-ai-strategy-89fbf1be
Paid articlePaywallWhy businesses are adopting and using AI – and how yours could benefit too: Black Country PR and marketing specialist Laura Tatton has embraced the AI revolution ...
expressandstar.com/news/business/2025/06/29/why-businesses-are-adopting-and-using-ai-and-how-yours-could-benefit-too/

Powerpoint now does the AI: McKinsey needs fewer junior consultants: The consulting firm McKinsey has already made its own AI tool Lilli available to its ...
t3n.de/news/

McKinsey Is Using AI to Create PowerPoints and Take Over Junior Employee Tasks: 'Technology Could Do That'
entrepreneur.com/business-news/ai-creates-powerpoints-at-mckinsey-replacing-junior-workers/492624

McKinsey sheds 10% of staff in two-year profitability drive : Shrinking headcount at consultancy firm contrasts with increased hiring at rival BCG
ft.com/content/68011c4a-8add-4ac5-b30b-b4127aee40ba

Do McKinsey and other consultants do anything useful?: Though hated, they often provide a valuable service to the economy
economist.com/leaders/2022/10/05/do-mckinsey-and-other-consultants-do-anything-useful

Key FactsConsulting Firms Face Scrutiny Amid Rapid Growth
Jan 11, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: economist.com
Summary created with AI assistance · Source: economist.com
- Management consultants are often criticized but provide valuable outside perspectives and specialized expertise.
- The sector continues expanding rapidly even as McKinsey and rivals face legal and public controversies.
- Consultants support executives in pushing difficult decisions and help disseminate productivity-enhancing methods.
- Greater spending transparency and an ethical code could improve the industry's accountability and reputation.
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