#workforce-reductions

#workforce-reductions

Senior partners at the global management consulting firm, which has been steadily cutting its worldwide workforce over the past few years, are understood to have held initial talks with the heads of non-client-facing departments about shrinking their teams by as much as 10 per cent. A McKinsey spokesman would not confirm how many roles were at risk, but Bloomberg, which first reported the plans, estimated that there could be "a few thousand" layoffs staggered over the next 18 to 24 months.

To better align our team structure with business priorities, we've reorganized several functions and made the difficult decision to eliminate a very small number of roles,

Paramount is the latest company to join the bloodbath of layoffs this week. The entertainment giant began cutting around 1,000 workers on Wednesday, with twice that many pink slips expected in the days to come. In a memo to staff, new Paramount CEO David Ellison characterized the reductions, which will ultimately shrink the company by 10%, as a necessary step for the company's long-term growth.

One of the world's biggest windfarm developers will cut its workforce by a quarter in the next two years after a series of setbacks for the industry. Danish wind giant rsted plans to remove about 2,000 positions from its 8,000-strong workforce by the end of 2027 through a combination of redundancies, natural attrition and selling off parts of its business.

A backend nerve center for the government with procurement, technology and real estate duties that cross agencies, GSA was an early stronghold for the controversial DOGE effort. Tech billionaire and then-DOGE head Elon Musk himself visited the agency in January. DOGE associates were even spending nights in a GSA building in D.C., although during Ehikian's first town hall at the agency, he told employees that there was no DOGE team at GSA when asked about the efficiency group.

We are civil servants. We don't tend to speak out a lot. But ... I don't feel like we can afford to be silent anymore.