Something unprecedented is happening in professional services: PwC, Deloitte, EY, and KPMG are cutting entry-level hiring by roughly half.
This isn’t a recession response. It’s a structural shift. AI can now produce analyst-quality work at near-zero marginal cost, collapsing the economics that made consulting pyramids profitable for decades.
The traditional model — thousands of junior analysts feeding work upward to fewer senior partners — solved three problems simultaneously: leverage economics, talent pipeline, and knowledge transfer. AI disrupts all three at once.
PwC’s Mohamed Kande says they want “a different set of people.” Translation: the old entry points into professional services are closing.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
