Topics regarding layoffs at Accenture

Topics regarding layoffs at Accenture

7 month severance

https://m.timesofindia.com/business/india-business/accenture-offers-7-month-severance-payout-to-staff/articleshow/78327969.cms

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| 21950 views | | 1 reply (October 2, 2020)
Post ID: @OP+17asKX2y

Layoff & Share Buybacks

Accenture: The consulting firm said in late August it would lay off about 25,000 global employees, or about 5% of its total workforce. On Thursday, it announced it would expand its share buyback program by an additional $5 billion, bringing its total... — read more 

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| 22860 views | | 6 replies (last October 13, 2020)
Post ID: @OP+17757dp7

Will there be more layoffs this week?

There is really not much info on last week's layoffs so I'm worried that was just a start and we might be looking at much more this week. Does anybody know more on either what happened last week or what we might expect to see in the next few... — read more 

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| 21620 views | | 5 replies (last September 24, 2020)
Post ID: @OP+173UBbr4

126 people layed off in a community call

Yesterday a whole team (~126 people) were invited to a call where they were told that they were going to let them go between now and march...massive lay off in a single call

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| 21970 views | | 5 replies (last October 1, 2020)
Post ID: @OP+171hvkfc

Let go at age 63 at Accenture

No warning, Performance reviews always good, including this one. People come to me for answers and how to do things and all of a sudden 2 days ago I was told I was laid off. The reason Manager said Covid and was not in the loop. HR said poor... — read more 

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| 24290 views | | 11 replies (last December 3, 2020)
Post ID: @OP+16Zy9OmC

10000 staff removed in India

10000 staff removed in India businesstoday.in/sectors/jobs/employee-union-files-complaint-against-accenture-for-forcefully-asking-staff-to-resign/story/414449.html

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| 19570 views | | 1 reply (September 17, 2020)
Post ID: @OP+16U5jJzs

It's definitely not over

I know of at least two people that were hit today. The weird thing was not even their CC nor their Practice manager was aware of who was targeted. Also the performance claim is complete BS. One of the people I know of was a top performer, 100%... — read more 

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| 20190 views | | 6 replies (last October 4, 2020)
Post ID: @OP+16S16O8f

Lost a great manager

I was working with a L6 - They were working on a CIO internal project full time and also providing sales support for billable projects. They initially got a good review but was still found to be a candidate for layoff. Their last day was 8/31/20. — read more 

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| 18060 views | | 1 reply (September 10, 2020)
Post ID: @OP+16LFZjyj

It's coming and it'll be big

At least here in the NA. We'll see how things will pan out, but I'd say it'll be brutal. Consulting pipelines are looking healthier but we are still too heavy for the current demand - we need to get smaller. They waited initially as nobody knew where... — read more 

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| 19410 views | | 7 replies (last October 2, 2020)
Post ID: @OP+16CoFycu

Layoffs in India?

Has anyone heard that layoffs have started in India? I think some of the internal people just disappeared with no warning. Wonder what scale that is.

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| 15610 views | | 1 reply (August 6, 2020)
Post ID: @OP+16j7qMR2

Is anybody safe here?

Is there such a thing as a safe position at Accenture right now? The layoffs in the past several months made very little sense to me considering the people who were let go. It was all over the place - from people with high pay and most experience to... — read more 

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| 17950 views | | 8 replies (last September 10, 2020)
Post ID: @OP+15ZJZEKI

Delay the start date?

My start date was initially set to be in September 2020 but has since been pushed back until January 2021. My role is in Security in a large metro... My school is offering a program to get a masters of science in engineering in 2 semesters... — read more 

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| 18300 views | | 8 replies (last September 6, 2020)
Post ID: @OP+15TcWztt

Next up: the UK

An internal message was sent to all UK staff this afternoon. newspapers had the news within the hour ... 6-8% of headcount is the... — read more 

3Q P&L Pumping

That's the goal (the only goal) of these layoffs. Numbers up, exec bonuses up. End of story. There had a several other approaches if they wanted not to do layoffs. OK, it's just business - but Julie & Co. please do not be so obviously deceiving and... — read more 

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| 16130 views | | 5 replies (last September 3, 2020)
Post ID: @OP+15BLvaLB

Was there a worse time to be laid off?

Just think about it - where can we apply for a new job when everybody is laying off right now? Nobody is hiring and will not be for who knows how long. What does that leave us with? How long before the severance money runs out? I know people... — read more 

It's True

You are just a number to Accenture, no matter how much support you have from projects as well as good reviews. Their agenda now is to promote minorities so others they need money.

My layoff experience

Typing this on phone, there will be typos. I was laid off in 2009, and being axed s—s. It s—s big time. I was a consultant in C&HT at the time, based out of the NYC office. It was difficult to find any projects, I ended up sitting on the bench... — read more 

Vac move

I am bummed that I was forced to take a vacation, THEN they nerf me, effectively taking my money out of my pocket. No transparency there.

See only active posts on this board (big blue button)!!!!

For new folks here, there is an "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies. That's all from me. Anyhow, I hope this helps someone. Good luck all...

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| 12780 views | | no replies yet
Post ID: @OP+15u7nZt8

Any folks with deferred start date here?

Did anyone's joining date for a consultant position got postponed/cancelled due to covid-19? What's on your mind? What are your plans (this may take a while).

It made no sense...

Been with company about 9 months, got lay-off notice last Friday due to ‘low utilization’. However, was on large major client. Did not may sense. No recourse to dispute as I was told decision final. Had not been with company long enough to even... — read more 

Another Large Reorg in Works

I am hearing that we are 100% done with layoffs and barring major problems with the economy bouncing back there should be no additional cuts this year. Also, I am hearing that there is a very large P&L shuffle in the works, they will be moving cheese... — read more 

Severance

1 week of severance for every full year of service for L8 and below.

4 Things that should have been done better

I wish ACN’s senior leadership did a better job at communicating internally on such issues and not just externally on news channels etc. Here are things to consider going forward: Be honest and transparent to employees on which groups have... — read more 

Layoff Algorithm???

I was notified yesterday. I was suggested for promotion mid-year and expected it in August. 100% recoverable very busy. Was told the algorithm looked at role and impact for decision. Well, sh–. Would like to know all the aspects of “the algorithm” in... — read more 

Layoffs 2020

Accenture started COVID-related layoffs today. Details are still unclear but ~10% of U.S workforce is the internal target being thrown around. Cyber practices heavily impacted.

Layoffs confirmed

We have confirmed layoffs today. Cut would finish by the end of the day.

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| 14860 views | | 7 replies (last July 2, 2020)
Post ID: @OP+15qfYvkt

Upcoming Accenture Layoffs

Having seen layoffs during 2001 and 2008-2009, we may expect the following to hold true during the upcoming layoffs (I am 100% certain there will be cuts across the board): Non-essential administrative and support staff (e.g. marketing, IT... — read more 

How much will new hires salary go down?

I’ve heard that many consluting companies are planning to adjust new-hires’ salary levels, any idea by how much? Do we have anyone on this board who was with the company back in 2001 or 2008 - what happened then?

Adios

I was a high performer in my first three years at ACN and built a great reputation. Early last year, an old SM I enjoyed working with begged me to come help him turn a failing project around. Silly me, I agreed. I get on the ground, and sh– is a... — read more 

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