Cuts, struggles and breakups: How is AI reshaping the consultancy sector?

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Cuts, struggles and breakups: How is AI reshaping the consultancy sector?

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.

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Restructuring specialist Leonard Curtis launches M&A advisory offering

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Restructuring specialist Leonard Curtis launches M&A advisory offering

Leonard Curtis, a restructuring and turnaround specialist, is eyeing expansion into the transactions space, bringing Toby Rolls on board to lead its new M&A advisory service line.

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Altaline Launches as a Next Generation Private Equity Firm Focused on Buyouts and Growth Investments in the Technology, Business Services and Financial Services Sectors

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Altaline Launches as a Next Generation Private Equity Firm Focused on Buyouts and Growth Investments in the Technology, Business Services and Financial Services Sectors

Altaline Capital Management, LLC (“Altaline” or the “Firm”), a new private equity firm founded by former professionals from TA Associates, H.I.G. Capital and KKR, announced its official launch.

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Parthenon Capital invests in AArete

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Parthenon Capital invests in AArete

Parthenon Capital, a Boston-based private equity firm, has made a strategic investment in AArete, a Chicago-based management and technology consulting firm.

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Kearney launches new Global Cities Framework to enhance global competitiveness of cities

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Kearney launches new Global Cities Framework to enhance global competitiveness of cities

Global management consultancy Kearney has today released its new Global Cities Framework, which offers a comprehensive road map to enhance a city’s global competitiveness through eight areas of excellence.

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Deloitte's Summer Vacation Scheme offers real life work experience to 460 students

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Deloitte's Summer Vacation Scheme offers real life work experience to 460 students

Deloitte's immersive Summer Vacation Scheme began June 30th, welcoming 460 UK university students to 15 Deloitte UK offices nationwide.

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Baringa chooses to move beyond B Corp

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Baringa chooses to move beyond B Corp

Global management consulting firm Baringa has decided not to renew its B Corporation (B Corp) certification in May 2025, as part of its refreshed sustainability strategy.

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Deloitte and AWS expand alliance to accelerate digital transformation across the Middle East

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Deloitte and AWS expand alliance to accelerate digital transformation across the Middle East

New regional initiative to scale cloud adoption, AI, and innovation across key industries, expected to deliver $1 billion worth of services by 2030

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Accenture Teams with NVIDIA to Advance AI Agenda for Europe with AI Refinery for Sovereign and Agentic AI

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Accenture Teams with NVIDIA to Advance AI Agenda for Europe with AI Refinery for Sovereign and Agentic AI

Accenture has expanded its AI Refinery™ platform for Europe with new sovereign and agentic capabilities to help European organizations maintain control over critical data and apply innovative AI solutions.

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Private equity sits on $1 trillion amid uncertainties, M&A stalls, PwC says

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Private equity sits on $1 trillion amid uncertainties, M&A stalls, PwC says

Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said on Wednesday — capital that, in a typical market environment, would have been returned to investors.

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McKinsey slashes 10 per cent of jobs in major overhaul

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McKinsey slashes 10 per cent of jobs in major overhaul

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.

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PwC revamps US advisory division

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PwC revamps US advisory division

PricewaterhouseCoopers (PwC) is overhauling its US advisory division, expanding its segments from four to eight to improve industry-specific offerings, The Wall Street Journal reported.

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Argano Acquires Attentis Consulting, Advancing 2025 Growth Strategy

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Argano Acquires Attentis Consulting, Advancing 2025 Growth Strategy

Trusted Salesforce partner adds healthcare expertise to Argano’s leading Salesforce capabilities.

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Accenture Song's Next CEO Ndidi Oteh Is Preparing for the AI Era

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Accenture Song's Next CEO Ndidi Oteh Is Preparing for the AI Era

Accenture Song is undergoing a leadership shakeup as creative heavyweight David Droga prepares to step down as CEO of the $19 billion marketing arm of Accenture.

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MorganFranklin Cyber launches AI practice

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MorganFranklin Cyber launches AI practice

MorganFranklin Cyber (MF Cyber), a Charlotte, NC-based cybersecurity consulting firm, has launched an artificial intelligence practice.

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EC-Council and Women in CyberSecurity Middle East launch CyberSHE program

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EC-Council and Women in CyberSecurity Middle East launch CyberSHE program

EC-Council, a global provider of cybersecurity training and certification services, and CyberSHE, an initiative by Women in CyberSecurity Middle East, have kicked off the expansion of their CyberSHE program in the Middle East.

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Will AI Replace Management Consultants?

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Will AI Replace Management Consultants?

What is management consulting in the age of AI? As ChatGPT and other AI tools disrupt the industry, here’s what business school grads need to know

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H&Z Management Consulting inks partnership with supply chain platform Prewave

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H&Z Management Consulting inks partnership with supply chain platform Prewave

H&Z Management Consulting has deepened its supply chain and procurement capabilities through a partnership with Prewave, an Austrian company that provides software for supply chain monitoring.

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Digital consulting company Netlight expands to UK with London office

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Digital consulting company Netlight expands to UK with London office

European consulting firm Netlight is set to arrive in the UK, with the launch of a London office in 2025. The opening of the new hub will take place in the autumn, taking Netlight’s office count to 13, spread across nine nations.

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Burgess Hodgson Announces Strategic Partnership with Abry Partners to Accelerate Growth

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Burgess Hodgson Announces Strategic Partnership with Abry Partners to Accelerate Growth

Burgess Hodgson (“BH” or “the firm”), a leading provider of accounting and business advisory services to fast-growing small and medium-sized enterprises (“SMEs”) and individual clients in the United Kingdom, announced a strategic partnership with Boston-based private equity firm, Abry Partners.

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