Tech consulting giant Accenture cutting 19K jobs
72 Articles
72 Articles
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…
Accenture slashes 19,000 jobs worldwide
Accenture plans to slash 19,000 jobs worldwide as it attempts to cut costs amid a gloomy economic picture.The Irish-American professional services company said in a Thursday filing that it would spend $US1.2 billion ($1.8 billion) in severance to cut 2.5 per cent of its workforce over the next 18 months, and another $US300 million to consolidate its office space.More than half of the axed roles would be among back-office staff, the company said.…
Coverage Details
Bias Distribution
- 40% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage