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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?

26mo ago
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Round 1 by Grapevine
SnoozyTaco
SnoozyTaco
PWC26mo

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

SleepyNugget
SleepyNugget
Amazon26mo

What do non billable functions mean?

WigglyBoba
WigglyBoba
Accenture26mo

Those who are in bench

SnoozyBagel
SnoozyBagel
Stealth26mo

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

ZoomyLlama
ZoomyLlama
Stealth26mo

Company name?

ZoomyLlama
ZoomyLlama
Stealth26mo

And also opening positions pls.

GoofyJellybean
GoofyJellybean
Adobe26mo

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

FluffyKoala
FluffyKoala
Apna26mo

You will be safe dude

SleepyCoconut
SleepyCoconut
TCS26mo

Do CIO projects come under Billable or non billable

SnoozyTaco
SnoozyTaco
PWC26mo

Lol! Of course non billable. Why?

SleepyCoconut
SleepyCoconut
TCS26mo

Gave interview recently

PerkyJellybean
PerkyJellybean
Theranos26mo

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

DizzyDumpling
DizzyDumpling
Stealth26mo

Wipro already did lol

WigglyTaco
WigglyTaco
Deloitte26mo

Wipro is planning soon

ZoomyDumpling
ZoomyDumpling
Yubi26mo

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

CosmicPotato
CosmicPotato
Nielsen IQ26mo

Accenture said it in its investor forecast report

GroovyBoba
GroovyBoba
X (formerly Twitter)26mo

Witch hunt in wich will begin?

FluffyNugget
FluffyNugget
Plivo26mo

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

PrancingNugget
PrancingNugget
Yes Bank26mo

or over provisioned

FluffyKoala
FluffyKoala
Google26mo

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
Accenture26mo

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
Accenture26mo

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

TwirlyPotato
TwirlyPotato
Accenture26mo

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

SillyTaco
SillyTaco
Stealth26mo

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

WigglyDonut
WigglyDonut
Ola Electric26mo

Why's that 🧐?

SparklyPenguin
SparklyPenguin
Accenture26mo

Panic and anxiety at peak

PerkyPretzel
PerkyPretzel
Thoughtworks26mo

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

DancingDonut
DancingDonut
Accenture26mo

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
Layoffs25mo
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.