Tech consulting giant Accenture cutting 19K jobs

Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff

Accenture layoffs: The world's largest consulting firm by head count in 2022 acquired its present name when it extricated itself from parent Arthur Andersen

Consulting firm Accenture says to cut 19 000 jobs

Tech consultancy Accenture announced Thursday it will be cutting around 19,000 jobs, or 2.5 percent of its workforce, spread over the next 18 months, as part of a cost-cutting effort.

Accenture To Cut 19,000 Jobs Over Next 18 Months Even After Reporting Strong Revenues

Accenture said it will spend $1.2 billion in severance and other personnel costs over the next 18 months and another $300 million to consolidate its office space.

Accenture will lay off 19,000 employees in 18 months, 2.5% of its global workforce

Accenture said on Thursday that it will eliminate 19,000 jobs, 2.5% of its global workforce, in an attempt to reduce costs and optimize operations, thus joining the trend observed in 2023 in a long list of technology companies that have opted for staff cuts. This Irish-American company, based in Dublin, announced its quarterly results, with a 5% increase in revenues and profits better than expected. The strategic consulting, technological servic…

Consulting firm Accenture says to cut 19,000 jobs

NEW YORK: Tech consultancy Accenture announced Thursday it will be cutting around 19,000 jobs, or 2.5 percent of its workforce, spread over the next 18 months, as part of a cost-cutting effort.In a filing with the US Securities and Exchange Commission, the Dublin-headquartered company said it expects to incur $1.5 billion in costs as a result of the downsizing, including $1.2 billion directly related to the layoffs.About half of the jobs lost ar…

Consultant Accenture will cut 19,000 jobs in the next 18 months

Close to 19,000 jobs will be cut by Accenture over the next 18 months, a figure representing 2.5% of the company's total. The consultant expects to disburse 1.2 billion in compensation.