Milestone transaction: Welcoming a U.S. premier Power & Energy brand of approximately 8,000 people to create the #1 Power & Energy platform in the U.S.1 for a total cash purchase price of US$3.3 billion.Highly accretive: Expected to be low- to mid-single digit percentage accretive to WSP’s adjusted net earnings per share2 and high-single digit percentage accretive once cost synergies are fully realized2,3.Highly complementary: Expands our offering in the Power & Energy sector and provides potential cross-se ...

McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry. Listen for more on Bloomberg Intelligence. https://t.co/SyUvUnGO0p ...

McKinsey & Co., the business strategy consulting firm that has long advised CEOs and Fortune 500s on how to “streamline” their workforces, is now preparing to cut its own workforce. The company is planning deep cuts across its non-client-facing staff, Bloomberg reports, as much as 10% of headcount within some areas, a move that could eliminate several thousand jobs over the next 18 to 24 months. The job cuts come at a moment of simultaneous growth and contraction for the consulting industry. After a mul ...

As McKinsey & Co. marked its 100th anniversary with fanfare in Chicago, the consulting firm's leadership struck a confident public tone about its future. "We will kick some ass as we start our second century,†he said, portraying a firm ready to move past recent setbacks. Away from the celebrations, however, McKinsey managers have been discussing plans to cut about 10% of staff in non-client-facing roles over the next 18 to 24 months, according to a Bloomberg report citing people familiar with the matter. Co ...

In boardrooms around the globe, a specific anxiety is taking hold. It isn’t just the fear of robots taking jobs; it is the paralyzing worry of “buyer’s remorse” in a market moving at breakneck speed. According to Bill Briggs, Deloitte’s chief technology officer, as we move from AI experimentation to impact/value at scale, that fear is driving a lopsided investment strategy where companies are pouring 93% of their AI budget into technology and only 7% into the people expected to use it. Briggs highlighted ...

Tuesday delivers an unprecedented convergence of major economic releases packed into a two-hour window that could significantly influence year-end market direction. The November jobs report at 8:30am will provide comprehensive employment insights including nonfarm payrolls, unemployment rate, and wage growth trends that determine consumer spending capacity heading into 2026. Strong employment data could validate the Fed's cautious stance from last week's meeting, while weakness could raise concerns about ec ...

Summary of Wendel 2025 Investor Day Company Overview - **Company**: Wendel (OTCPK:WNDL.F) - **Event**: 24th Investor Day held on December 12, 2025 - **Focus**: Transformation into a leading investment firm in private assets with a long-term value creation strategy [1][2] Key Points and Arguments Transformation and Strategy - Wendel has evolved into a prominent investment firm focusing on private assets, emphasizing an owner-operator mindset to create long-term value for stakeholders [2][3] - The company operates two main value creation engines: - **Wendel Investment Managers**: A diversified asset management platform with €46 billion in assets under management, targeting mid-market investments in Europe and the U.S. [3][4] - **Wendel Principal Investment**: Focused on direct investments, aiming for a 12%-16% return on assets with a net asset value of €5.3 billion [4][5] Financial Performance and Returns - Wendel has returned 20% of its market cap to shareholders over the past three years, totaling €700 million, with €574 million through dividends (a 51% increase from 2022) and €129 million through share buybacks [7][8] - The company aims to generate at least €7 billion in cash by 2030, allocating funds for asset management growth (€2.5 billion), new company investments (€1.7 billion), and shareholder returns (€1.6 billion) [8][9] Future Outlook - By 2030, Wendel anticipates that 50% of its intrinsic value will derive from asset management, with a focus on creating a self-sustaining growth model [11][12] - The dividend policy is set at 2.5% of the investment portfolio, with expectations of growth to 3.5% of the firm's global value [12][13] Additional Insights Portfolio and Valuation - Wendel's portfolio consists of eight companies, with a balanced diversification across industries and geographies [15][16] - The valuation methodology includes peer multiples and transaction multiples, ensuring a robust and transparent approach to asset valuation [17][18] Operational Changes - Starting January 1st, Wendel will implement a new operational model, leveraging the expertise of IK Partners to enhance performance and scale in both asset management and principal investments [20][21] - The focus will remain on sectors where Wendel has established expertise, with an emphasis on maintaining a lean operational structure [24][25] Market Challenges and Adaptation - The company acknowledges current market pressures, particularly in the aerospace and automotive sectors, and is adapting its strategy to enhance resilience and efficiency [50][51] - Wendel aims for organic growth of €700 million by 2030, with a clear plan of 41 actions to achieve this goal [55][56] Conclusion Wendel is positioning itself as a robust player in the private asset investment space, with a clear strategy for growth, shareholder returns, and operational efficiency. The focus on long-term value creation, combined with a diversified portfolio and strategic partnerships, sets a strong foundation for future success.

Accenture (ACN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended November 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on December 18, might help the stock move higher if these key numbers are better than expect ...

This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. Dive Brief: U.S. organizations expect to maintain steady pay strategies in 2026 despite economic concerns, according to the results of an October survey published by Mercer on Tuesday. The firm’s data showed expected average merit base salary increases of 3.2% for the new year and an average overall increase of 3.5%. Most respondents planned to spread those increases equally ...

Core Insights - FTI Consulting has appointed Mitch Harris as a Senior Managing Director in the Healthcare Risk Management & Advisory practice, enhancing its expertise in addressing regulatory and operational challenges in the healthcare sector [1][3][4] Company Overview - FTI Consulting, Inc. is a leading global expert firm specializing in crisis and transformation, with over 8,100 employees across 32 countries as of September 30, 2025 [5] - The company generated $3.70 billion in revenues during the fiscal year 2024, indicating strong financial performance [5] Industry Context - The healthcare industry is facing rising costs, increased regulatory complexity, and intensified oversight, leading to operational and financial volatility [4] - There is a growing demand for expert support and advice in navigating these challenges, highlighting the importance of FTI Consulting's services [4]