McKinsey Consulting at Time
They’re baaack. Bain
& Co. may have left the building,
but the consultants—the mere mention of which causes tremors about
layoffs—aren’t done at Time Inc. Seems CEO Laura Lang is working with McKinsey
& Company now. McKinsey has a reputation for giving management
justification to make cost cuts; the firm was at the publishing giant in 2007,
and it left the layoffs of some 800 people in its wake.