McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry

McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Sri Natarajan, Bloomberg News Chief Wall Street Correspondent, discusses McKinsey's leadership discussing cutting about 10% of headcount across non-client-facing departments, which could amount to a few thousand job cuts over 18 to 24 months.

-Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst, discusses regulatory concerns for acquiring Warner Bros Discovery. Netflix is trying to close its $82.7 billion deal after Paramount made a hostile offer for Warner Bros., with the CEOs expressing confidence in their agreement despite regulatory concerns.

-Zeke Faux, Bloomberg Investigative Reporter, discusses the Bloomberg Big Take story: “A Shadowy Global Network Helped Trump Make Millions in Memecoi.”
Description: The trail from the Trump family memecoins leads all the way back to the origins of memecoins, an unregulated, nihilistic gambling game that swept the crypto world.

-Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, discusses his outlook for homebuilders in 2026. According to Bloomberg Intelligence: US homebuilder fundamentals will remain pressured in 2026 amid sluggish top-line growth and ongoing margin headwinds.

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Episoder(3453)

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SK Hynix Shares Plunge Most on Record in Deepening Korea Selloff

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13 Jul 17min

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Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. On this episode: Bloomberg's Katie Greifeld, David Gura, and Mandeep Singh join Scarlet Fu an...

10 Jul 39min

SK Hynix ADRs Surge After Record $26.5 Billion US Offering

SK Hynix ADRs Surge After Record $26.5 Billion US Offering

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Anthony Hughes, Bloomberg US Equity Capital Markets Reporter, dis...

10 Jul 24min

 Zuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AI

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Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Jess Menton-Kurt Wagner, Bloomberg Senior Reporter covering social media, di...

9 Jul 22min

Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels

Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels

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8 Jul 17min

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