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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
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Accenture Trims Profit Forecast as Margins Come Under Pressure
The forecast took the shine off a rebound in its consulting business that boosted quarterly revenue.
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Accenture reports weak quarterly results; raises full-year profit forecast
The company reported lower-than-expected results for the second quarter due to weak demand in its consulting business.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
-
IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
-
Accenture Trims Profit Forecast as Margins Come Under Pressure
The forecast took the shine off a rebound in its consulting business that boosted quarterly revenue.
-
Accenture reports weak quarterly results; raises full-year profit forecast
The company reported lower-than-expected results for the second quarter due to weak demand in its consulting business.
