McKinsey's 'unsatisfactory' performance warning for 3,000 workers is the latest bad news for big consulting companies

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McKinsey & Company
McKinsey & Co. is among several top consulting firms coming off a pandemic boom.

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I'm a former Amazon VP who once laid off a third of a startup I had helped build. Here's what I learned about handling layoffs.

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Ethan Evans writes that if you get the sense that a layoff is coming, you want to try to be a part of that process so you can influence the outcome.

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Tech layoffs are way down from last year. Why does it feel so grim?

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Google employees at the company's Silicon Valley campus
Google employees at the company's Silicon Valley campus

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2024 has started with another wave of tech industry layoffs. This time, though, the cuts are way smaller.

Snap slashes 10% of its workforce

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Snapchat logo and dollar signs in front of a blue background
Snapchat's parent company Snap is laying off another 10% of its workers.

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Nobody's quitting their job anymore. That's a bad sign for workers.

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unemployment line
Applicants a job fair in Atlantic City.

AP

Read the memo Okta's CEO just sent employees announcing layoffs

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Okta logo displayed on a phone with bright lights in the background
Okta is laying off 7% of its workforce.

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Why don't many executives take pay cuts to avoid layoffs? An ex-Microsoft HR VP explains.

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Google CEO Sundar Pichai (left) and Microsoft CEO Satya Nadella (right)
Google CEO Sundar Pichai (left) and Microsoft CEO Satya Nadella (right).

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Working for Google used to be 'sexy and exciting,' with a strong sense of security. Now, not so much.

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Google laid off hundreds of staff.
Layoffs may be the new normal for Google staff.

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PayPal lays off 2,500 workers one week after CEO announces 'new chapter'

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The PayPal logo on a sign at its headquarters.
PayPal announced a fresh round of layoffs on Tuesday, cutting about 2,500 jobs.

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Google will spend $700 million on severance this quarter

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CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022
In January 2023, Google laid off roughly 12,000 employees, or about 6% of its workforce.

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