"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
Viewing entries tagged
Layoffs
There’s been a lot of noise lately about job cuts at the Big Four firms and the graduate recruitment ladder being pulled up, but underneath the surface crisis mode is becoming the norm across the sector as it struggles to keep up with the new AI-driven world.
Consulting giant McKinsey has unleashed one of the largest job culls in the company’s history after ten per cent of staff faced the chop.
Barclays has tapped global consultancy giant McKinsey in a bid to identify cost-saving areas across its investment banking arm.
Artificial Intelligence (AI) is here to stay, that much we know, but in recent weeks a very frustrating news item has been making the rounds: the catastrophic future in which machines replace humans has arrived.
Arvind Krishna, the CEO of IBM, said his company’s investment in artificial intelligence (AI) has ultimately led to a rise in employment in the firm.
