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
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