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...The consultants aim to cut staff numbers by not replacing many in the baby-boomer generation who will retire over the next four years....
...Most consultants have curbed pay and bonuses and limited hiring in the wake of the slowdown in dealmaking, but Bain has avoided significant lay-offs of the kind seen among the Big Four accounting and consulting...
...US blue-chip management consultancies have also offered staff paid leave or delayed start dates for new hires, leaving them operating with a skeleton staff of overloaded consultants....
...The US move poses “an existential challenge” to China’s efforts to catch up with AI development at OpenAI and other American companies, said one chip consultant in Beijing....
...The campaign has made operating in China more difficult for foreign companies, which depend on the consultants to help navigate the world’s second-largest economy....
...Still, long-haul flying is more concentrated in Europe, and the big three groups will control 73 per cent of wide-body capacity in the region if their proposed deals go through, according to Robert Boyle, consultant...
...Saudi Arabia has leaned heavily on foreign consultants to help accelerate its ambitious plan to diversify its oil-dependent economy, creating a lucrative market that London-headquartered Source Global Research...
...Amazon has invested heavily on its own network and operates more than 1,000 facilities throughout the US, according to the logistics consultant MWPVL International....
...“The main message is that the economy is still broadly stagnant,” said Andrew Kenningham, an economist at consultants Capital Economics, although he said the survey also suggested “the region’s prolonged...
...About 20 years ago Emma Ewing, a trainer and public relations consultant, created an email folder called “nice things” to which she would add messages of thanks from clients or colleagues....
...why blended MBA programmes are proving so popular: students perceive time in the classroom to offer greater networking opportunities than purely online study, notes Andrew Crisp, owner of business school consultant...
...Consultants draw parallels with the kind of credit used to back some interest rate swaps that blew up in the 2008 financial crisis....
...This leads them to overweight stocks that may be on the verge of cutting their dividends like many of the resource stocks did in 2015 or in 2020....
...A former McKinsey consultant, Fraser wants strategy to drive job cuts and reassignments, rather than the other way around....
...You feel this throughout the whole company,” the consultant said....
...Kim Sion, creative consultant and ceramist The last things I bought and loved include a set of four emerald-green Italian dining chairs from Everything But the Dog in Walthamstow....
...Several McKinsey consultants have also taken separate phones with them when visiting the territory....
...Wiedenfels, a former McKinsey consultant from Germany, has built a reputation for his ability to squeeze expenses and generate profit....
...Consultants said the decline was most stark at Bain, which recently pushed back the start dates for new hires to 2025....
...You either have total creatives, or you have people that are almost on the verge of merchandisers.”...
...Mark Brooks, a consultant to dating apps, says he has seen several matchmaking features. “Indian apps have been doing this for years.”...
...Consultants and even some tech executives expressed their concerns over privacy, but the consensus seems to be that AI will transform our lives in every aspect....
...“Private equity and hedge funds have a fiduciary responsibility to hire consultants and show that they’ve conducted due diligence....
...A version of this article was first published by Nikkei Asia on January 31. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
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