Shrinking budgets, Covid and AI shook up life in consulting

https://archive.md/ZmfZJ

This basically could have been written at any time.

  Perhaps the most concerning response to the survey for anyone running a consultancy was that one in three consultants said they hoped to be doing something else in five years’ time. 
  Several regarded consulting as a stepping stone to a role in industries they advised. But one 25-year-old vice-president said it was “not a rewarding long-term career”. A 34-year-old engagement manager was more blunt: “This is a job for partner[s and] a bunch of juniors . . . [it] makes no sense to work here unless you are on a partner track.”

It's that sort of stuff that's a mainstay of the industry. Some of the reasons differ, economic cycles come and go, but this stuff is always the same.