AI Layoffs Loom, Yet Consulting Giants McKinsey, Bain Hike Starting Salaries to $200K|Firstpost Live

Firstpost

Despite looming AI-related layoffs in the industry, consulting firms McKinsey and Bain have increased their starting salaries to $200,000, signaling a competitive approach to talent acquisition. The move highlights the firms' efforts to attract top candidates amid growing uncertainty in the job market driven by technological advancements. This strategy underscores the continued demand for human expertise even as automation and AI reshape the sector.

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All articles from 28 October 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.