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.

Published 3 months ago · Dublin, Ireland

News Articles

More
Filters

All

Left

Center

Right

Times of India

Accenture layoffs: IT services firm announces 19,000 job cuts, 2.5% of its workforce

IT services firm Accenture on Thursday said it would lay off about 2.5% of its workforce, or 19,000 employees, becoming the latest major company to announce job cuts in view of macroeconomic challenges. The company also lowered its annual revenue and profit forecasts. According to a Reuters report, more than half of the layoffs will affect staff at its non-billable corporate functions.

3 months ago·Mumbai, India

Read Full Article

News18 India

Tech Layoffs: Accenture To Reduce 19,000 Jobs, Revises Down Profit Forecasts

Accenture trims its annual revenue growth and profit forecasts amid worries that recession-wary enterprises will cut technology budgets

3 months ago·India

Read Full Article

Reuters

Accenture trims forecasts, to cut 19,000 jobs as IT spending slows

Accenture Plc lowered its annual revenue and profit forecasts and decided to cut about 2.5% of its workforce, or 19,000 jobs, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.

3 months ago·United Kingdom

Read Full Article

The Hindu

Accenture to cut 19,000 jobs, trims forecasts

Accenture Plc. said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.

3 months ago·India

Read Full Article

CTV News

Accenture cuts jobs, trims forecasts on worries of lower IT spending

Accenture Plc lowered its annual revenue and profit forecasts and said on Thursday it would cut about 2.5% of its workforce, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.

3 months ago·Toronto, Canada

Read Full Article

NDTV

IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts

Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.

3 months ago·New Delhi, India

Read Full Article