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You may have seen the headlines: “McKinsey lays off 10% of its staff.” But is that really what happened? 

In this episode, we unpack the viral Financial Times story and cut through the hype to uncover what’s actually going on inside McKinsey.

We explore:

• Why the 10% figure is misleading
• How voluntary attrition, tighter performance standards, and AI-driven efficiencies are reshaping the firm
• What this all says about the evolving consulting landscape

Forget the clickbait. This is the real story behind McKinsey’s transformation - and what it signals for the industry’s future.

Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday.

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**Update: BCG has released application deadlines - see here. Apply when ready!

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Rumors are swirling as Boston Consulting Group remains unusually quiet about its 2026 summer recruiting plans. 

Unlike McKinsey and Bain, who announced their deadlines months ago, BCG has yet to name recruiting leads or open applications for undergrad and Master’s roles. 

In this episode, we unpack what this silence could mean, how the firm’s Bridge to Consulting program fits in, and what insiders are saying about shifting school strategies and limited experienced hiring. 

If you’re recruiting for consulting - or just watching the space - this is an episode you won’t want to miss.

Additional Resources

• Read the full story
• See upcoming application deadlines

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In the fourth installment of our 10-part “Intro to Casing” series, we dive into a profitability case from L.E.K. Consulting that centers on Best Boots, a billion-dollar American footwear company. 

With aggressive competition from Cuffee Shoes in the work boot segment, Best Boots must decide: defend their position or shift focus to casual boots?

Join Ed as he analyzes market data, evaluates distribution channels, and identifies strategic levers to uncover whether Best Boots should double down on work boots or pivot resources elsewhere.

Key Takeaways:

• How to structure and lead a profitability case interview
• Frameworks for analyzing market size and consumer segmentation
• Strategies for evaluating competitive threats and distribution tactics

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• Create a free MC account or download the MC app (Apple, Android) to start your prep today
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Southwest Airlines is officially ditching its hallmark “bags fly free” policy—and today is your last chance to book a flight under the old rules. 

In this episode of Market Outsiders, Namaan and Jenny Rae dive into the business strategy behind Southwest’s seismic shift. Why abandon a decades-old differentiator? Is this a savvy financial play or a risky move that could alienate loyal customers?

The duo breaks down:

• What this change means for Southwest’s operational model and turnaround times
• The economics of bag fees vs. base fares and why airlines love ancillary revenue
• How the airline’s pivot might boost its under-leveraged credit card business
• What metrics analysts should watch post-policy shift—especially during peak summer travel

Plus, a fun detour into Uno’s resurgence and the surprising business of board games.

Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday.

Want the full daily experience? Follow the new Market Outsiders podcast to get every episode, Monday through Friday.

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Additional Resources

• Listen to a Business Breakdown of Southwest

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• Intensive, hands-on experience that will give you skills, confidence, and insider insights to break into consulting
• Seats are limited; confirm your spot

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In a stunning twist to the 2025 consulting recruiting season, anonymous sources suggest that Boston Consulting Group (BCG) may be pulling back on undergraduate and Master’s hiring this summer - a first in the firm’s storied history. 

While McKinsey and Bain press forward with early July deadlines, BCG’s silence has sent shockwaves through campuses and career centers alike.

In this episode, MC COO Namaan Mian unpacks the implications of this potential hiring pause. What does it mean for the Class of 2026? How should aspiring consultants adjust their strategies? And could this signal a broader shift in the consulting landscape?

Whether you’re aiming for MBB or reassessing your target list, this is one episode you can’t afford to miss.

Plus: Namaan shares actionable tips to help you stay competitive - including how to leverage coaching programs like Management Consulted’s Black Belt to stand out in a tightening market.

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• Schedule free 15min consultation with the MC Team.
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Booz Allen Hamilton just dropped a bombshell - cutting 2,500 jobs in one of the largest workforce reductions in its history. What’s behind this sudden move?

In this episode, MC COO Namaan Mian unpacks the sharp slowdown in federal civilian contracts, the government’s tightening grip on consulting spend, and what it all means for Booz Allen’s future.

Join Namaan as he breaks down the numbers, examines what Booz leadership is saying, and explores the broader implications for the consulting industry. 

Whether you’re in the Beltway or boardroom, this is a story that hits close to home for anyone watching the future of government services and private sector partnerships.

Want Namaan to share more on your podcast or for a news story you're writing? Reach out.

Timestamps:

• Revenue growth slumps, stock plunges 15% [1:24]
• CEO points to defense and AI as growth paths [2:15]
• Consulting industry faces government push for efficiency [2:39]

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• Create a free MC account or download the MC app (Apple, Android) to start your prep today
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In this episode of Strategy Simplified, we chat with Brad Kuntz, Senior Managing Director at Stax, to get a real look at what makes the firm tick. 

Brad shares how Stax’s private equity focus, small-team model, and fast-paced culture set it apart - and what that means for consultants at every level.

We dive into his career path, a surprising case in the industrial sector, and what type of candidate thrives at Stax (hint: it’s about curiosity and flexibility). Plus, he shares practical advice for landing a role and building a meaningful career in consulting.

See open roles at Stax and find out if it’s the right next step for you.

Stax Links

• See job openings at Stax
• Learn more about Stax
• Follow Stax on LinkedIn

Additional Resources

• Learn about our Trusted Advisor Training utilized at top consulting firms and Fortune 500 companies
• Unlock top consulting jobs on the Management Consulted Job Board

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• Create a free MC account or download the MC app (Apple, Android) to start your prep today
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In this extended Market Outsiders live episode, Namaan and Jenny Rae cut through the noise on tariffs, premium pricing, and why Nike’s betting on affluent consumers.

The duo break down a weak 20-year Treasury auction and rising U.S. bond yields - signaling investor concerns over fiscal health and global competition. 

Plus, they dive into Nike’s surprising return to Amazon after a six-year DTC push. Is it a sign of strategy shift - or just a move to win back share from brands like Hoka?

Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday.

Want the full daily experience? Follow the new Market Outsiders podcast to get every episode, Monday through Friday.

• Follow Management Consulted on LinkedIn and subscribe on YouTube
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• Create a free MC account or download the MC app (Apple, Android) to start your prep today
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Thinking about transitioning from law to consulting? You’re not alone. In this episode of Strategy Simplified, we break down exactly how to move from law school to consulting - or from legal practice into a top-tier consulting role. 

We answer the most common questions from aspiring consultants with JD backgrounds:

• Are consulting firms actually interested in lawyers?
• Where do you fit inside a consulting firm?
• How do you translate your law experience into a consulting-ready resume?

Plus, we share actionable tips on networking and case interview prep to accelerate your pivot. 

Whether you're in law school or deep into your legal career, this episode is your roadmap for making the law to consulting transition a reality.

Get a free 15-minute consultation to answer: 

• Is law to consulting feasible for you? 
• If so, which MC package can help stack the odds in your favor?

Additional Resources

• Want expert help to make the transition from law to consulting a reality? Join the Black Belt prep program

Partner Links

• Stax is hiring! See open roles and requirements

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In this Tuesday Market Outsiders episode, Jenny Rae and Namaan break down Home Depot’s claim of holding prices steady despite new tariffs - while Walmart hikes prices.

They dig into Home Depot’s first earnings miss since 2020, stagnant basket sizes, and whether strong employment and rising home values are really sustaining consumer spending. 

From supplier pressure to diversification to a cooling housing market, they unpack what’s really behind the headlines - and what it signals for the broader economy.

Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube - and now, episodes are also available on Strategy Simplified every Monday, Tuesday, and Thursday.

Want the full daily experience? Follow the new Market Outsiders podcast to get every episode, Monday through Friday.

• Subscribe to the new Market Outsiders feed (Apple, Spotify)
• Follow Management Consulted on LinkedIn and subscribe on YouTube
• Connect with Namaan and Jenny Rae on LinkedIn

Connect With Management Consulted

• Create a free MC account or download the MC app (Apple, Android) to start your prep today
• Schedule a free 15min consultation with the MC Team
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• Follow us on LinkedIn, Instagram, and TikTok
• Join an upcoming live event – case interviews demos, expert panels, and more