ReutersAccenture told some staff earlier this month that they were being fired, according to people with knowledge of the layoffs.
Consulting firms, like other companies, periodically take stock of employees and cull the under-performers to control costs and make more room for other employees to advance. The company's results and outlook could be an early indicator for how other major publicly-traded companies, which report earnings later this summer, are weathering the pandemic.
Accenture also cut its forecast for full-year revenue growth to 3.5% to 4.5% from 3% to 6% previously. When an analyst asked about the company's recent layoffs, Sweet said, "we really see it as focusing on our cost structuring."
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:
How about they cut some of the “Top Execs” first
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Phone booth-like tiny room could be an office inside your living room - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook's bad week, inside The Athletic, and Red Bull's reckoning - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I thought he had enough money to get a decent haircut Don't give up Mark!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Prefer the house of Bill Gates at Seattle: a mix of human warm in natural paradise with all possible Tech inside. Elegancy and classy are not an invention, are ancient education in ancient dna🤩👏👏👏👏👏👏👏👏👏👏👏❤️
Source: BusinessInsider - 🏆 729. / 51 Read more »
Economic outlook: US business activity hits 4-month high in June - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The Federal government passed out trillions in free money, of course activity went up.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Housing market outlook: US new-home sales jumped nearly 17% in May - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bidding wars are starting again in the Seattle and Portland areas. People are excited at the prospect of President Biden
Source: BusinessInsider - 🏆 729. / 51 Read more »