The Irish-American professional services company said in a Thursday filing that it would spend $1.2 billion in severance to cut 2.5% of its workforce over the next 18 months, and another $300 million to consolidate its office space. More than half of the axed roles would be among back-office staff, the company said.
The New York-listed stock is down by more than 5% over the past 12 months. Accenture’s rivals are also trying to trim their costs. Consulting giant KPMG announced in an internal memo last month that it would cut almost 2% of its US workforce as it anticipated waning client demand, according to a Financial Times report.
What in the world!!!! Start at the top and mid-level. Dont bother the working ants
Remember, we warned you, but you were too busy calling us a racist, bigots and Nazis. You should be very angry at the media for lying to you. They knew this would happen.
“BuT tHe EcOnoMy iS Gud”
Curious is the CEOS and other executives are taking any pay cuts as they lay off thousands of workers…
Wow you guys have virtually zero comments on your page, thought you could use one. You’re welcome
I hope those layoffs have diversity in mind.
Well, what do they do? Lay that on us up front. Automaker 'Accenture,'or Investment house 'Accenture' or candlestick maker 'Accenture' Might prompt those of us not immediately possessed of corporate landscape knowledge to read your freakin article.
Need to start by cutting the CEO’s Salary
Biden economics
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNN's Quest: 'More Banks Are Going to Go out of Business' -- They're 'Stuffed' with Bonds“More banks are going to go out of business. More state and regional banks in the United States will need to be resolved — to use the technical phrase — they’ll be taken over, they’ll be wound up, they’ll be taken into ownership, all sorts of things.” Seeing CNN, 'One World' and Banks Collapsing in the same paragraph makes me think, 'this is their plan to centrally control the money' (and us) via a digital global currency.... Break the banks, bring in the globalist tyrants. Banks fail when democrats are in charge so the CEOs can get their bailouts. Free money opportunities.
Source: BreitbartNews - 🏆 610. / 51 Read more »
New Starbucks CEO plans to pull barista shifts in stores every month | CNN BusinessStarbucks' new CEO Laxman Narasimhan teased his plan for the company in a letter to employees. It includes working in Starbucks stores as a barista once a month. No need More executives in major companies need to do things like this They need to take a way this new “tipping” at the drive thru system!
Source: cnni - 🏆 326. / 59 Read more »
JPMorgan is advising First Republic on another potential lifeline, sources say | CNN BusinessJPMorgan Chase's investment bank has been hired to advise First Republic as the embattled regional bank tries to ease concerns about its financial condition, people familiar with the matter told CNN. No way. The banker that approved the fed orgin is allowed to have privileges I thought CNN was out of business ? Where is my money 🙂
Source: CNN - 🏆 4. / 95 Read more »
Google begins rolling out its ChatGPT rival | CNN BusinessGoogle is opening up access to Bard, its new AI chatbot tool that directly competes with ChatGPT. Google violated the 1st amendment by censoring speech of conservative individuals during the 2020 election ElectionInterference Shame That name is a disaster well that should make everyone all the more comforted that Orwell is alive and well and 1984 came later
Source: CNN - 🏆 4. / 95 Read more »
From groceries to clothes, inflation-weary Americans flock to cheaper products online | CNN BusinessNearly two years of high inflation has caused many consumers to say goodbye to premium goods in favor of cheaper alternatives. Thanks Biden Inflation is a good thing.
Source: CNN - 🏆 4. / 95 Read more »