Less than 3 weeks before I was about to move to a new country and start at Wavestone, they delayed my start date. In total, I waited 14 months after I had signed my offer before it was ultimately rescinded - over email and right before the holidays, no less. In total, Wavestone rescinded at least 8 offers that I'm aware of, and likely more if you include undergrad hires. While I acknowledge that recent macro-conditions have created challenges, I wish Wavestone would have rescinded my offer much earlier instead of leading me on for over 6 months. On top of all this, the US Managing Partner told us explicitly on multiple occasions that they had no intention of rescinding our offers.
I first learned about Wavestone during my MBA while I was recruiting. The recruiting team sold Wavestone as a"boutqiue strategy consulting firm" that had recently entered the US market and was looking to grow rapidly. They raved about the European approach to work/life balance and how Wavestone really cared about the career development and wellbeing if it's people.
"boutique strategy consulting firm" - They are doing mostly technology implementation work and will never win projects with top-tier clients in the strategy space.
"European work/life balance" I've heard from multiple EM's and Senior Consultants that they have worked 15-16 hour days + weekends for lengthy durations.
Caring about the well-being of their people? Not in my experience. HR and senior leadership came across very cold and unsympathetic to our situation (they did not compensate us adequately for what they put us through).
