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Accenture is going to strip down 19000 employees.
The IT giant recently announced that they would lay off 19000 job cuts, about 2.5% of their workforce. Half of them would impact employees from its non-billable corporate functions.
However, due to the revelation of Woods' extramarital affairs in December 2009, Accenture terminated the six-year sponsorship deal. The company launched a new campaign featuring its clients, including Marriott, Unilever, and the Royal Shakespeare Company, in 2011, emphasizing results-oriented advertisements with the slogan "High performance. Delivered." In 2015, branding consultant Interbrand recognized Accenture's focus on branding and marketing for its Strategy, Consulting, Digital, Technology, and Operations units. Interbrand currently ranks Accenture at No. 32 on its best global brands list as of 2021. Also read: GST Fraud: Oppo Mobiles India Pvt. Ltd. Manager Arrested for ITC Fraud of 19 Crore Accenture is not new to this type of massive tech layoff. Tech giants like Google, Microsoft, Amazon, SAP, and many more companies have played the same move of a massive layoff of employees./stackumbrella/media/media_files/wp-content/uploads/2023/03/Untitled-design-55.png)
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Other tech giant doing the same move:
<figcaption class="pl-caption>Credit: Google
- Microsoft had laid plans for job cuts throughout this year. During the first month only, they stripped 10000 employees from their business, which will end by March. During the month of July, they announced a job cut of 1%, and in October, they may eliminate 1000 employees.
- Google also joined hands with Microsoft as, like Microsoft, they also stripped down around 12000 employees from their company at the start of the year.
- Amazon also left no shock wave at low; they also announced a massive layoff of around 18000 employees from their company, mostly from Amazon stores and People Experience and Technology Solutions divisions. Rumors are there that more than 9000 employees will be eliminated in future weeks. And all these were happening when people are a New Year mood.According to the layoff.FYI, 518 tech companies have laid off 1,71,858 employees between January 1 and March 23 this year, compared with the 1,61,411 employees sacked in 2022.Also read: Bob Penny, a Forrest Gump Actor
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