McKinsey & Company | News | Restructuring

An overview of global McKinsey & Company news:

United Kingdom

Rolls-Royce taps McKinsey for organisational restructuring Rumours have begun circulating that Rolls-Royce may be heading for a round of job cuts.
13 June 2023
United States

McKinsey denies shuttering restructuring division McKinsey has denied a report from The Wall Street Journal saying the consulting firm is shutting down its corporate restructuring practice.
05 April 2023
France

Bercy selects 22 consultancies for restructuring framework agreement The French ministry of Economy and Finance – also known as ‘Bercy’ – has appointed over twenty consulting firms to its national framework agreement for restructuring and turnaround services.
23 February 2021
United States

McKinsey waives millions in fees for work on Westmoreland Coal bankruptcy Consulting firm McKinsey & Company has agreed to waive the fees for its work on the Westmoreland Coal bankruptcy, settling a nearly two-year mediation with the US Trustee Program (USTP).
04 December 2020
Europe

Kearney and McKinsey working on Telefónica reorganisation Spanish telecom giant Telefónica has called in the help of management consulting firms Kearney and McKinsey to support with two reorganisation programmes.
05 February 2020
India

India might be headed for a debt crisis with the rest of Asia McKinsey & Company reports that Asia might well be headed towards another debt crisis, given that most major economies in the region are only falling deeper into debt.
02 September 2019
Australia

Telstra brings in McKinsey & Company to cut $1 billion for Telstra2022 strategy Telstra has been working with management consulting giant McKinsey & Company to help cut costs across the firm's labour force.
13 August 2018
United States

McKinsey faces conflict of interest questions over retirement fund McKinsey & Company is under scrutiny after the Wall Street Journal uncovered evidence that its retirement fund held investments that may have created a conflict of interest in six bankruptcy cases in
22 June 2018
Oman

Oman calls in McKinsey on refining and petrochemical industry integration Strategy and management giant McKinsey & Company has been working with Oman on plans to integrate the Sultanate’s refining and petrochemical sectors into a single entity, according to recent reports
18 May 2018
United Kingdom

Sainsbury's ups supermarket stakes with 2,000 job cut strategy As part of a £500 million cost-cutting plan, supermarket giant Sainsbury’s has announced that it will give 2,000 staff their marching orders.
25 October 2017
United Kingdom

Kenya Airways turns to McKinsey for turnaround strategy Kenya Airways has turned to McKinsey & Company to draw up a restructuring plan in the face of considerable losses.
08 February 2016
United Kingdom

Advisors earned 153 million from Irish banking crisis Between 2008 and the 2014 external advisors, lawyers and consultants supporting the Irish banking crisis racked in €152.7 million in fees.
13 October 2015
United Kingdom

7 Roland Berger restructuring experts off to McKinsey & Co In Germany McKinsey & Co has attracted seven highly experienced restructuring experts from their former rival company Roland Berger Strategy Consultants. The cause for this mini carve-out: McKinsey announced th
07 January 2014

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