Consulting industry remains challenged in Q3 – but more firms are growing and signs point to recovery
The latest quarter shows the first indications that the consulting industry may be starting to leave its most difficult period behind. A new summary from Cinode reveals that more than half of the listed consulting firms increased their headcount during the quarter – something that has not happened in the past two years.“After several years of consecutive declines, we are now seeing for the first time that the majority of firms are actually growing within a single quarter. It’s a clear turning point and a strong signal that the market may have reached bottom,” says Mattias Loxi, Co-founder