McKinsey, sporting his signature blend of accounting, law, and management expertise, studied Marshall Field’s books for a few months and recommended that it liquidate its wholesale division, close its less profitable stores, and cut 1,200 jobs. Eager to make sure the transformation was a success, McKinsey put himself in charge of implementing the changes — a restructuring that came to be known as “McKinsey’s Purge.”
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- Categories: Politics
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