, April 15 -- Once dubbed "the single greatest legitimizer of mass layoffs", the firm will release employees across the world and divisions such as design, data engineering, cloud and software.

This is according to numerous reports in the media. One source quotes one of the people, who asked not to be identified, saying those considered are "specialists or have technical expertise that works alongside the firm's traditional consultants".

The reductions are part of McKinsey's adapting to a dynamic market landscape.

Another media source states that the decision is driven by fluctuations in client service demand, and "emphasises McKinsey's commitment to optimising its operational efficiency while maintaining exceptional service delivery"....