<ul><li>Paytm's CEO Vijay Shekhar Sharma criticizes McKinsey & Company for job cuts and suggests AI replacing traditional consultants.</li><li>Sharma's comments spark debate on AI's impact on high-skilled industries like management consulting.</li><li>McKinsey clarifies that global headcount reduction was due to natural attrition and performance-based transitions, not mass layoffs.</li><li>The situation reflects the pressure on consulting firms to adapt to clients' demands for faster, technology-driven insights in the era of automation.</li></ul>

Paytm’s Vijay Shekhar Sharma criticises McKinsey amid job cut reports; firm responds

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