Global consulting giants like McKinsey, BCG, and PwC are quietly overhauling their hiring models—and artificial intelligence is at the centre of it. According to a report by FT - for the third-year running, starting salaries have been frozen as firms cut back on entry-level hiring. The traditional “pyramid model” is being replaced by leaner structures, with AI taking over junior tasks like data analysis and research. Companies like PwC and Accenture have already slashed thousands of roles. While AI boosts efficiency, it’s also narrowing opportunities for new professionals. This is the quiet transformation inside consulting—and it’s only just begun.
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