Keep it open until tomorrow

@traders a decision has been made by the committee. I'll know about it whenever all other cases in my cohort have been finalised (< week)

@Bayesian limit order at 90%, it sounds like there will be blood

more info:

McKinsey is in the middle of a brutal round of career reviews, according to people familiar with the process. Its consultants will all be graded this month and those deemed to be underperforming will be — in McKinsey parlance — “counselled to leave”.
At McKinsey, in recent weeks, this has taken a variety of forms. Mid-level staff have been offered financial incentives to leave: nine months’ pay while they look for another job. Others have simply been laid off: up to 400 jobs were axed this month in specialist areas such as data and software engineering

Bob Sternfels, McKinsey’s global managing partner, signalled the firm would be “back in balance” by the end of this year, according to people familiar with his message, implying more large-scale departures. One person said the percentage of McKinsey consultants who leave in a typical year is about 20 per cent, but in 2023 it slid to 15 per cent

@jim @traders