Costco’s weight loss drugs, Boeing’s mess, McKinsey pays employees to leave

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It was previously reported that McKinsey gave 3,000 employees a “concerns” rating for underperformance.
Photo: Benoit Tessier (Reuters)

Consulting firm McKinsey & Co. is paying its underperforming staffers to embark on the job hunt. Instead of taking on new projects, managers at the consultancy’s U.K. offices will receive nine months of pay and continue to have access to its career-coaching services while looking for a new position, London-based newspaper The Times reported over the weekend. There are some strings attached, however: If managers don’t find another job at the end of the nine months, they have to leave the firm.

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