The Consulting Job Market in 2026: Layoffs, Hiring, and What It Means for You
By Florian Smeritschnig, former McKinsey Senior Consultant · Updated July 2026 The consulting job market in 2026 is doing two contradictory things at once: firms are cutting thousands of roles while simultaneously expanding entry-level hiring. McKinsey has taken its headcount from a 2022 peak above 45,000 down to roughly 40,000, and in the same breath…
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