Maybe if we just stick to facts rather than opinion / conjecture then the threads will be allowed to stay. I'll start - all of this is public domain:- We now have under 2,000 consultants, a drop of 43% over the last 6 or so years - and still falling- According to LinkedIn, our total global headcount is well under 2,500 and falling- Voluntary turnover of staff with more than 3 years service has increased significantly this year- For the last 3 years we have underperformed the market as measured by profit, market share and turnover- The shareholding structure is disspropotionately skewed to those who have been in the firm a very long time (more than 10 years)- We get paid less than peers working for major competitors- We have a new strategy with target companies we want to increase its business with. One of those (one of our London neighbours) is renowned for never using consultancy, but no-one seems to have realised that.- On glassdoor.com, our chairman is the lowest rated "leader" by staff as compared to all of the other major firms- 5 years ago it would take between 8 and 10 years to become a Principal Consultant. Now, to hang on to staff it's possible to do it in 4, thus devaluing the contributions of other people at this grade who actually have some real experience, not just 4 years with the same two clients in London.- Nearly 75% of the assignment team members I've worked with over the last 6 years have now left. - Lots of PA staff have left in the last 12 months to join the big 4. Only a handful have joined PA from the big 4.
