Consulting firms like McKinsey are cancer. And never good for anyone
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McKinsey charge heavily to ask to borrow your watch, to tell you the time. The time given will be retrospective.
One of our biggest retailers here started working with McKensey. They went from great to shitty in 2 years. Closed hundrets of specialized shops to "focus on core competencies". Fuck those people!
That's awesome. With their ghoulish track record they should be unwelcome everywhere.
Cool, cool. How much will it end up costing the City to replace those workers and the tasks they were doing? The need for people and services done isn't going away. The reason the City first started employing private firms is because the taxpayers wouldn't have to be on the hook for those salaries, and more importantly, those pensions. Insourcing for the city just shifts the burden from a contract fee now to having to fund another pension in a few years.
I'm not saying it's a bad thing. I like the idea of NYC actually employing people again. It helps build confidence in the city government that it won't collapse if a single contract negotiation falls through. It means the whole City isn't held hostage by a private corp that can raise rates whenever it chooses. There's positives to direct hire. But it will be a bite in the hindquarters when the pensions come due, and the salaries may well exceed the consulting contract.
McKinsey has contracted with the New York City government several times, including between 2014-17 when it was paid $27.5 million to reduce violence at the jail complex on Rikers Island—only to report “bogus” numbers as the problem worsened—and in 2022 when it was paid $1.6 million to research garbage disposal.
They weren't doing shit. It's simple stealing that's being cut off.
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