Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Professional Services
Professional Services And Management Consultancy
Activities Of Head Offices; Management Consultancy Activities
70.22 - Business and other management consultancy activities

325 jobs
Number of planned job creations
Job creation
Announcement Date
3 December 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019

Description

Boston Consulting Group has seen an ongoing business expansion on the German/Austrian market in recent years and has announced plans to hire an additional 750 workers in 2019 on top of its current 2,600 employees in Germany, most of these being consultants. Newspaper FAZ estimates that because of strong fluctuation about half of these new employees will fill existing vacancies; the number of new jobs can thus be expected to be some 325. There is not information of how many of these positions will be located in Frankfurt or elsewhere.  

Previous restructuring took place in 2015, when 400 positions were created.


Sources

Citation

Eurofound (2018), Boston Consulting Group, Business expansion in Germany, factsheet number 96321, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96321.