McKinsey Offering Some Staff Nine Months’ Pay to Leave Firm

McKinsey & Co. has made a unique offer to some of its staff: Take nine months’ pay and go away.

The management-consulting firm is dangling the pay, along with career-coaching services and other resources, to some UK staff who’d like to leave. The move, first reported by The Times of London, is the latest personnel shakeup inside the storied counselor to CEOs and heads of state and comes soon after McKinsey warned some US consultants that they were running out of time to win promotion.

McKinsey and its peers in the consulting world have trimmed headcount, delayed start dates ...