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AI advice is the new moneymaker for consultants. Here's what BCG, Bain, and Deloitte are telling clients.

Sat, 06/29/2024 - 10:40

Illustration of humanoid artificial intelligence controlling robotic arms — Consulting firms are getting questions from clients on how to incorporate artificial intelligence.
DrAfter123/Getty Images

Careers, Careers, Consulting, management-consulting, artifical-intelligence, generative-ai, Bain

The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds

Wed, 06/19/2024 - 20:47

Tech Insider : Economy, Economy

luxury goods clothes shoes — Worldwide sales growth of luxury goods is expected to slow in 2024, per a Bain Consultancy report.
filadendron/Getty Images

economy, finance, economy, Finances, Luxury, Bain, China

Businesses are rushing to use generative AI. Now comes the messy part.

Wed, 06/19/2024 - 12:30

Nvidia CEO Jensen Huang speaking at the Computex conference — Nvidia CEO Jensen Huang speaking at the Computex conference
SOPA Images/Getty Images

AI, Tech, BI Prime, generative-ai, artificial-intelligence, Bain, consulting-firms

Plot twist: Consulting firm Deloitte is reportedly using AI to prevent layoffs

Sun, 12/17/2023 - 15:53

Deloitte office worker — Deloitte is leveraging AI to shuffle existing employees into more promising departments.
Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images

Careers, Deloitte, Consulting, management-consulting, mckinsey-company, Bain, BCG

Consulting firms like Accenture are giving recent grads $25,000 stipends to push back their start dates

Sat, 08/12/2023 - 05:14

Tech Insider : Economy

Student wearing graduation gown and holding a graduation cap. — Some undergraduates who were set to work at consulting firms after graduation are seeing their start dates pushed back amid a business slowdown.
Getty Images

Careers, economy, Tech Insider, Deloitte, Bain, Accenture, Consulting

Consultants make $175,000 right out of business school. But some of them have nothing to do — so they're just sitting around getting paid.

Wed, 08/09/2023 - 05:04

Tech Insider : Economy

Woman napping — Recent hires, fresh out of business school, at some big consulting firms don't have enough work to do. They're spending the idle time meal-prepping, taking naps, and even applying for other jobs, the told The Wall Street Journal.
Olga Rolenko/ Getty Images

Careers, economy, Tech Insider, Consulting, Bain, McKinsey & Company, BCG

Meta hired consultancy firm Bain & Co. before Mark Zuckerberg's big 'efficiency' push, foreshadowing layoffs and cost-cutting

Tue, 08/01/2023 - 16:56

Facebook founder and CEO Mark Zuckerberg at the company's first conference dedicated to messaging — Facebook founder and CEO Mark Zuckerberg at the company's first conference dedicated to messaging
Facebook/Meta

Tech Insider, Mark Zuckerberg, meta, facebook, Bain, Layoffs, Tech

Blue-chip consulting firm Bain is reportedly offering new hires $20,000 to become yoga instructors or go on safari for a year

Tue, 04/18/2023 - 13:51

Bain — Bain is reportedly offering new MBA hires tens of thousands of dollars to delay their start at the consulting firm.
Rick Friedman/Corbis via Getty Images

finance, News, Careers, Bain, Bain and Company, Consulting, Salary

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