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Accenture to Layoff 19k employees

Roughly 2.5% of the workforce. Are there any details on teams and geographies impacted?

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Dembele

PWC

a year ago

Update: Over half of this will be from its non-billable corporate functions
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DrProduct

Amazon

a year ago

What do non billable functions mean?
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Naruto8

Accenture

a year ago

Those who are in bench
See more comments
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FunnyBones

Plivo

a year ago

So seems like they’re not getting as many clients ?
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GPTSnow93

Yes Bank Ltd.

a year ago

or over provisioned
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BottomFragger

Adobe

a year ago

Bhai dar lag rha hai. I got promoted in march.
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SingleFilm68

Stealth

a year ago

You will be safe dude
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WhoAreUu

Stealth

a year ago

Is it confirmed? 18k is a huge number. Worried about cascading effects.
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Tr0jan

Nielsen IQ

a year ago

Accenture said it in its investor forecast report
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Elon_Musk

X.com

a year ago

Witch hunt in wich will begin?
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WryExile38

Swiggy

a year ago

Scary times
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randomredhead

Stealth

a year ago

https://www.businesstoday.in/latest/corporate/story/accenture-to-layoff19000-employees-374579-2023-03-23
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Wakanda

Larsen & Toubro

a year ago

They did again. As always
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WiseTrader101

TCS

a year ago

Do CIO projects come under Billable or non billable
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Dembele

PWC

a year ago

Lol! Of course non billable. Why?
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WiseTrader101

TCS

a year ago

Gave interview recently
See more comments
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AK

Wipro

a year ago

Sad to hear IT companies are using and throwing the employees
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EagerDig77

Amazon

a year ago

Yes bro most of the top companies are just using and throwing employees, doesn't care about anything how employees should survive.
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Soberdrunk

Olx

a year ago

Are they the first services company to layoff?
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Start

SaaS

a year ago

We are recruiting. Please send CVs to [email protected]. Fully remote role, SaaS early stage startup
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PrizeFighter

Stealth

a year ago

Company name?
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PrizeFighter

Stealth

a year ago

And also opening positions pls.
See more comments
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DreamEater

Theranos

a year ago

If Accenture is doing it, Capegemini, Cognizant, Infy, TechM, LTIMindtree,Infy , Wipro will follow
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Nope

US based MNC, Hyderabad location

a year ago

Wipro already did lol
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DonaldTrump

Student

a year ago

Wipro is planning soon
See more comments
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DeusInSilico

Exl

a year ago

This is just the first domino me thinks
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gotham_adani

Infosys

a year ago

Accenture is always ahead for layoffs, they sacked 25k during covid too(source:some article on google by a good publication )
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TechnoRanch

Stealth

a year ago

FAANG started the layoff trend. Top tier techno consulting companies like Accenture is picking up the thread. Will it be IT services companies like TCS, Infy next? Scary times.
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0x0B00B135

Dassault Systemes

a year ago

Faang didn't start it. Inflation control mechanism did.
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ImposterSynd

Coforge

a year ago

When are the layoffs starting?
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Aragorn_urf_Maverick

Accenture

a year ago

Not sure, I guess we will come to know in coming days. It is mentioned that these layoffs will happen over a period of 18 months so I guess would happen in phases.
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SilentTusk51

Accenture

a year ago

Hi let's say am an Ase how much time do I have ?
See more comments
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SleepingBatman

Logistics Company

a year ago

Does it also include folks from the consulting business?
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WhiteElephant

Viewo

a year ago

I too needed to know if Accenture Strategy teams affected? Interview call thak nahi diya last year after application scrutiny for many days!
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SleepingBatman

Logistics Company

a year ago

From what I have experienced, Accenture strategy has very stringent criteria for education and past employers
See more comments
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JJproduct

Startup

a year ago

Accenture laid off 22K in 2020, then in 2022 again 19k. I sometimes fail to understand how business planning takes place. Is it the fed that has spooked firms or was the ghastly hiring spree that inflated prices and spooked fed.
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SilentTusk51

Accenture

a year ago

Hey guys am non billable? I just want to confirm who decides which team member will be laid off? Please give any inputs?
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shpinq

US Based MNC, India location

a year ago

If you are non-Billable, then your HR partner will decide, probably consulting from your previous manager.
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EvilBrace26

Accenture

a year ago

Will they sack entry level ASEs who are on bench?
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Dembele

PWC

a year ago

Likely. Atleast some of them
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SmallPanda

Accenture

a year ago

I work at Accenture and I wish they would lay me off.
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MarketResearch

Stealth

a year ago

Funny because a friend of mine also wishes the same for her 😂
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MikePompeo

Ola Electric

a year ago

Why's that 🧐?
See more comments
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