Technology major Accenture is expected to lay off around 25000 people or 5% of its global workforce. It was reported that the firm took the decision to improve its efficiency across the board.
According to the reports, Accenture CEO Julie Sweet held a virtual internal staff meeting, in which she explained the company identified some “real area of efficiencies”, which obviously have headcount implication.
All in all, approximately 25,000 people around the world – accounting for the bottom five percent of underperformers – could soon be looking for a new employer.
In India, it employs 2 lakh people, making it the employee hub for the technology major which has a global staff count of 5 lakh.
Accenture is not the only IT company to have laid off employees. Recently, Nasdaq-listed IT services firm Cognizant Technology Solutions Corp. which has more than 2 lakh employees in India, reportedly laid off thousands on the bench who were not actively involved in any project. IBM too has reportedly laid off about 2,000 employees globally.
By Joseph Maliakan Three terrible things that were inflicted especially on the poor and marginalized people…
Mr. Sajith Kumar P K : Along with Mr. Sajith Kumar, four other prominent leaders…
Sajith Kumar P.K : The Budget is touched to the Structural Reforms especially in Maritime…
By Joseph Maliakan The Institute of Liver and Biliary Sciences (ILBS) is a mono-super specialty…
By Joseph Maliakan In a judgment that will have far-reaching consequences for the protection of…
By Joseph Maliakan Education according to the Indian Constitution, is in the concurrent list and…
This website uses cookies.