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The Consulting Crash Is Coming

Summary by The Free Press
“Timing the market is not my thing,” Peter Thiel told me a few days ago. “But if the consulting business was a stock, I’d be shorting it right now.”I’d seen a short clip of the Palantir co-founder criticizing the consulting industry during a lecture he gave at Oxford in 2023, so I got him on the phone to hear more. Back in the 1980s, he told me, consulting firms were useful. Thanks to the corporate raiders of that era and the loosening of antitr…

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The Free Press broke the news in on Thursday, July 10, 2025.
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