McKinsey, also known as McKinsey & Company, is an American multinational strategy and management consulting firm founded in 1926 and headquartered in New York City. It offers professional services to corporations, governments, and other organizations.
According to reports, the company has announced plans to lay off 500 employees in China as part of a restructuring initiative aimed at reducing the firm’s government-linked clients in China.
The report further mentions that the company is separating its China unit from its global operations to mitigate security risks associated with doing business in the country.
