Co-creating a redefined employee experience. Posting as : works at. The move will be affecting thousands of Indians employed by the company, in the wake of sluggish business due to Covid-19 pandemic, a report in Australian Financial Review has stated. Accenture layoffs: In a setback to thousands of Indian employees, Accenture, the global professional services company is set to lay off 5 percent of its workforce. The Economic Times Phoenix CXO Virtual Summit on H.. A report in the Australian Financial Review first reported this, citing an internal staff meeting by Accenture CEO Julie Sweet in mid-August. oddblock Jun 16 35 Comments Bookmark function; Heard from a good friend, 10% of US workforce cut last week. As of 2013 Accenture has more than 300,000 employees (40,000 in the USA). About Accenture: Accenture Ltd. is a large global consulting, technology services, and outsourcing company. Times Internet Limited. Get ETHRWorld's top stories every morning in your email inbox. Revenue information: USD $30 billion as of 2014 (Source: WSJ) Contact information: He wasn’t sure why it didn’t make the news as it was large and surely needed WARN notices to be filed. Get the latest Accenture plc (ACN) stock news and headlines to help you in your trading and investing decisions. The process of this mass-layoff … 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.. Copyright © 2021 ETHRWorld.com. 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. It only took eight minutes. Accenture is offering a seven-month severance payout to employees impacted by its latest layoffs. Global professional services company Accenture has recently announced to cut at least 5 percent of its ‘low-performing’ workforce. 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. Friday, August 28, 2020 Sunday, August 30, 2020 Sindhuvox Desk india, job loss, unemployment. Any news of an Accenture layoff? Plenty of people would love your job. Consulting company Accenture is cutting as many as 25,000 jobs worldwide. How does a startup founder deal with the pandemic crisis? Accenture has about 492,000 employees around the world. Reason Why Accenture Is Firing Employees. We have updated our terms and conditions and privacy policy The Economic Times Phoenix CXO Virtual Summit on Human Capital, ETHRWorld.com Future Skills Virtual Conference, Success of Bengaluru's new 24x7 model depends on several factors, What do they want? We use cookies to ensure the best experience for you on our website.If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ETHRWorld. What levels are affected by this Accenture Layoff? Accenture chief executive Julie Sweet said this month that despite cutting subcontractors and halting fresh recruitment, the company still needed … We combine Bloomberg’s global … WEB Accenture to Layoff 25,000 Employees, Thousands of Indians Will Lose Jobs. 4 years at Accenture were stressful, left to go to Deloitte for $22k salary bump and hope for better culture, then COVID layoff happened. All rights reserved.For reprint rights. Burger King's expansion plan may create employment opportunity for upto 10,800 people in India Accenture India Layoffs: The multinational tech consultancy employs 5.3 lakh people, about two lakh of whom are in India. Accenture UK has a total of ~11,000 employees. Accenture today became the latest IT consulting firm to set workforce reduction plans, disclosing that it's looking to cut about 1,400 jobs through a combination of layoffs and voluntary sabbaticals. 13 Comments Share. New Delhi: Global professional services company Accenture which has over 5 lakh employees worldwide is to cut at least 5 per cent of its 'low-performing workforce and thousands of Indians are set to lose jobs owing to the sluggish business the company is … Accenture Plc, one of the world’s largest consulting firms, will curb hiring and halt some promotions in the midst of the coronavirus pandemic. I joined as an ASE and I was working fine with the project.I started working in multiple domains ,shifts and all. BENGALURU: Technology major Accenture is expected to lay off around 25,000 people or least 5% of its global workforce, with firings expected in … News, Analysis and Perspective for Solution Providers and Technology Integrators. Bloomberg the Company & Its Products The Quint. Trending News Pakistan to procure 1.1 million COVID-19 vaccines from Chinese company Sinopharm Like. The cuts were announced at the company on Friday morning, and will affect positions up to the level of partner. Insider created a TikTok account and set the age at 14 to test how long before a plastic surgeon's promotional video appeared. 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