Has Accenture Started Layoffs?

Has Accenture Started Layoffs?

Accenture has launched a major cost-cutting program in response to the Covid-19 crisis. A total of 25,000 staff will lose their jobs in the coming weeks. ... According to one estimate, the global consulting industry will see one-fifth of its value evaporate this year as a result of the Covid-19 pandemic.

Is Accenture still laying off employees?

Accenture India Lays off 25,000 Employees as Pay Cuts and Job Losses Continue Across India. Job cuts have been one of the many negative fallouts of the coronavirus pandemic. Recently, Accenture, which has around 5,00,000 employees, decided to lay off 5% of its low performing workforce.

Is Accenture laying off employees 2020 in India?

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 witnessing during the Covid-19 pandemic.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.