Like. Bloomberg the Company & Its Products The Quint. 8 Like. We have updated our terms and conditions and privacy policy IT firm Accenture plans to reduce its global workforce by about 5 percent and thousands of Indians are likely to be impacted. Read more: Ryanair boss Michael O’Leary says 3,000 jobs at … BENGALURU: Technology major Accenture is expected to lay off around 25,000 people or least 5% of its global workforce, with firings expected in … Posting as : works at. FRIENDS. The Australian Financial Review (AFR) reported on Tuesday that Accenture CEO Julie Sweet, in an internal staff meeting streamed online in mid-August, said, “In a normal year, we transition out about 5% and we hire to replace them, because we are in a demand scenario. WEB The Australian Financial Review (AFR) reports that Accenture CEO Julie Sweet, in an internal staff meeting streamed online in mid-August revealed … As of 2013 Accenture has more than 300,000 employees (40,000 in the USA). Reply Share . Budget 2021-22: Will raising the cap on emoluments to Rs 50,000 per month help generate jobs? We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Reason Why Accenture Is Firing Employees. All rights reserved.For reprint rights. In mid-July, it was reported that Accenture was starting to make up to 900 job cuts in the UK that targeted all job levels. Accenture is to cut up to 900 jobs in the UK as the consultancy firm reduces costs in the face of lower demand for its services.. Accenture to Layoff 25,000 Employees, Thousands of Indians Will Lose Jobs. Accenture has about 492,000 employees around the world. Large redundancy actions planned for EU too. Bloomberg. 13 Comments Share. Dear user, ETHRWorld privacy and cookie policy has been updated to align with the new data regulations in European Union. Deloitte US will lay off 5%, or approximately 5,000 workers, of its 106,000-strong workforce. Please review and accept these changes below to continue using the website.You can see our privacy policy & our cookie policy. News, Analysis and Perspective for Solution Providers and Technology Integrators. Revenue information: USD $30 billion as of 2014 (Source: WSJ) Contact information: Consulting company Accenture is cutting as many as 25,000 jobs worldwide. He wasn’t sure why it didn’t make the news as it was large and surely needed WARN notices to be filed. It is the largest consulting company if measured by revenues. Accenture is a US firm headquartered in New York, but it employs more than 10,000 people in the UK. "This statement is being issued to correct the news story circulating in the local and international media that Accenture will lay off half of its workforce in the Philippines," it said. Accenture reported fiscal second quarter revenue of $11.14 billion, up 7% from a year ago as consulting and outsourcing services fared well. It only took eight minutes. 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Earnings for the quarter were $1.25 billion, or … A company memo sent to UK staff stated “The crisis has caused additional strain on the business due to lower demand and reduced national attrition. India is Accenture… 8 4Y. If I try returning to Accenture, which is the best division to… more 3 Click "Continue" to accept and continue with ETHRWorld. Bloomberg | Quint is a multiplatform, Indian business and financial news company. Accenture layoffs. Accenture employes around 11,000 employees in the UK across Aberdeen, London and Cambridge. Copyright © 2021. Accenture is likely to lay off 5 per cent of its staff in India, impacting several thousand employees, after the current appraisal cycle wraps up. The package is applicable to employees voluntarily tendering resignations. News . The package is high considering most companies offer a two-three months’ payout, or one month of salary for every year of service put in. 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