Pour one out for the consultants — after a few booming years post-pandemic, the outlook for their industry is looking increasingly grim.

Why it matters: AI is hurting white-collar professionals. And consultants, an often mocked, yet typically well-paid bunch, are feeling the pinch.

Zoom in: In The Free Press, veteran business journalist Joe Nocera makes the case for a coming "consulting crash." • Two forces are disrupting the business of McKinsey, Bain, BCG and other notable firms, he contends. They are:

President Trump. The White House is cutting lucrative consulting contracts and pushing for more cuts from firms. • Deloitte and Booz Allen announced layoffs earlier this year as a result. Accenture said federal-contract delays and cancellations have hurt revenue.

AI. Consulting ind

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