Kennedy v. New Yorker

Apparently Kennedy Research has put out a new piece stating that Management Consulting isn't going to have as hard a time as the previous downturn in 2001:

"While slowing demand for consulting services is effectively impeding utilization rates and compensation growth rates, many North American firms concede that the need to retain top talent outweighs profitability pressures. Currently, firms continue to hire aggressively especially for senior-level positions..."

At the same time, The New Yorker seems to have a different point of view:


Given some personal experiences in the last few weeks, I would have to side with The New Yorker. *Sigh*