Over the past week, the renowned consulting firm McKinsey has implemented a global reduction of roughly 200 tech - related jobs. This move is in line with the prevailing industry trend of harnessing artificial intelligence (AI) to automate work processes. In the business world, especially in the consulting and tech sectors, there's a growing emphasis on using AI to streamline operations and enhance efficiency. Just as many other companies are doing, McKinsey is also embracing this change. According to individuals with insider knowledge of the situation, as McKinsey steps up its utilization of AI technology, there could be further job cuts across different functional departments in the next two years. Currently, the company is in the process of evaluating which tasks can be effectively carried out by AI. This is a common practice in the modern corporate landscape, where companies are constantly seeking ways to optimize their workforce and stay competitive in an AI - driven era.