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Layoffs
Layoffs
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SnoozyTaco
SnoozyTaco
PWC

Accenture to Layoff 19k employees

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

28mo ago
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SnoozyTaco
SnoozyTaco
PWC28mo

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

SleepyNugget
SleepyNugget
Amazon28mo

What do non billable functions mean?

WigglyBoba
WigglyBoba
Accenture28mo

Those who are in bench

SnoozyBagel
SnoozyBagel
Stealth28mo

We are recruiting. Please send CVs to ashok130323@proton.me. Fully remote role, SaaS early stage startup

ZoomyLlama
ZoomyLlama
Stealth28mo

Company name?

ZoomyLlama
ZoomyLlama
Stealth28mo

And also opening positions pls.

GoofyJellybean
GoofyJellybean
Adobe28mo

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

FluffyKoala
FluffyKoala
Apna28mo

You will be safe dude

SleepyCoconut
SleepyCoconut
TCS28mo

Do CIO projects come under Billable or non billable

SnoozyTaco
SnoozyTaco
PWC28mo

Lol! Of course non billable. Why?

SleepyCoconut
SleepyCoconut
TCS28mo

Gave interview recently

PerkyJellybean
PerkyJellybean
Theranos28mo

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

DizzyDumpling
DizzyDumpling
Stealth28mo

Wipro already did lol

WigglyTaco
WigglyTaco
Deloitte28mo

Wipro is planning soon

ZoomyDumpling
ZoomyDumpling
Yubi28mo

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

CosmicPotato
CosmicPotato
Nielsen IQ28mo

Accenture said it in its investor forecast report

GroovyBoba
GroovyBoba
X (formerly Twitter)28mo

Witch hunt in wich will begin?

FluffyNugget
FluffyNugget
Plivo28mo

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

PrancingNugget
PrancingNugget
Yes Bank28mo

or over provisioned

FluffyKoala
FluffyKoala
Google28mo

You know what hurt me most, I got this news from media outlets 1st and then the email from Julie Sweet came in. Such an insensitive organization.

DancingDonut
DancingDonut
Accenture28mo

Yeah.. the fear and panic they create would make many employees leave even if they aren't affected by these lay-offs. After things go normal the attrition rate would evolve.

SparklyPenguin
SparklyPenguin
Accenture28mo

I ignored that mail lol. Then rushed on to read it later when I saw the news

TwirlyPotato
TwirlyPotato
Accenture28mo

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

SillyTaco
SillyTaco
Stealth28mo

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

WigglyDonut
WigglyDonut
Ola Electric28mo

Why's that 🧐?

SparklyPenguin
SparklyPenguin
Accenture28mo

Panic and anxiety at peak

PerkyPretzel
PerkyPretzel
Thoughtworks28mo

I'm checking my teMs access every 5 mins...

DancingDonut
DancingDonut
Accenture28mo

Yeah.. it's better to leave even if not affected by these lay-offs. Also the media flashing this as breaking news, which makes our parents panic too... Tough times

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Layoffs
Layoffs27mo
by PerkyCupcakeTCS

Accenture India Layoffs

Heard this morning from a friend who works at Accenture India, layoffs have begin once more. He said he is not sure if this is part of the 19000 that was announced during the earnings call.