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Bain is switching up its strategy in India. It’s 'cutting the excess fat.'

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Manage episode 425672119 series 3423246
Content provided by The Ken. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Ken or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On June 3, about 200 employees of the American management consulting firm Bain and Company’s India division received a rather ominous calendar invite.

They each would have a 10-minute meeting with HR. But no one, other than the heads of the regional offices and the head of HR, knew what the meeting was about.

During the meeting, they were all told they were being laid off. The layoffs took the consulting community by surprise, because it just wasn’t a very ‘Bain’ thing to do.

What's going on? Tune in to find out.

P.S. While you are here, check out the latest episode of our careers podcast The First Two Years, where host Akshaya Chandrasekaran delves into how to build trust with colleagues who don't trust you.

  continue reading

270 episodes

Artwork
iconShare
 
Manage episode 425672119 series 3423246
Content provided by The Ken. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Ken or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On June 3, about 200 employees of the American management consulting firm Bain and Company’s India division received a rather ominous calendar invite.

They each would have a 10-minute meeting with HR. But no one, other than the heads of the regional offices and the head of HR, knew what the meeting was about.

During the meeting, they were all told they were being laid off. The layoffs took the consulting community by surprise, because it just wasn’t a very ‘Bain’ thing to do.

What's going on? Tune in to find out.

P.S. While you are here, check out the latest episode of our careers podcast The First Two Years, where host Akshaya Chandrasekaran delves into how to build trust with colleagues who don't trust you.

  continue reading

270 episodes

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