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Tech consulting giant Accenture cutting 19K jobs

Summary by Ground News

The global tech consulting group Accenture on Thursday announced it’s laying off roughly 19,000 people as it works to cut costs, streamline operations and grapple with a difficult economic landscape.

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Business Standard

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

2 years ago·India

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News24

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.

2 years ago·South Africa

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IBTimes

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.

2 years ago·United States

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The Manila Times

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…

2 years ago·Manila, Philippines

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Observador

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.

2 years ago·Portugal

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9News

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.…

2 years ago·Australia

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