Thread regarding Accenture layoffs

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 offend anyone or be on type of ‘bad list’. Just don’t get it.

Promises made when I joined that never came fruition.

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| 18103 views | | 7 replies (last July 4, 2020) | Reply
Post ID: @OP+15upzJbj

7 replies (most recent on top)

I heard on the grapevine that for the UK the Newcastle Delivery centre is going to take the hit and Accenture will be closing 15a as the lease is up on that building in 2022 anyway

https://www.novaloca.com/blog/index.php/2012/01/20/accenture-signs-at-cobalt-cushman-wakefield/

Cant say anymore but this could be just the start and another 10% could go b4 the end of the year.

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Post ID: @iocg+15upzJbj

There isn't a magic number for chargeability that will make you survive (or not)...

You need to mix in a vertical, level, pipeline, geography... For example in your first few years, you're still going to be learning the ropes & your chargeability is going to be hugely dependent on what work you're doing. No one expects a 1st/2nd year analyst to have the same chargability as a senior consultant or manager whose probably trying to grind out 85%+. Likewise, no one is going to give a sh– about a MD with a sh– chargeability rate because he's a rainmaker walking in $XXm/year in business. They are still having a big contribution, its just a different kind.

There is no magic number, higher = better but your focus should be on maximising your skills & being as useful as possible, especially if its early days.

IF/when (high churn rate..) you get sick of consulting, you'll also be glad you built up a decent (marketable) skillset, not just a high chargeability % when you want to make an exit.

now, regarding being on the bench and being laid off - I've heard of people being sent notices after 4 weeks on the bench (happened in 2009) & people being benched for 3+ months (happened to me in 2016).

I think it really depends on what their skillset is + what's in the pipeline. If the pipeline is bad or a sh–storm is coming, get off the bench onto anything. If the pipeline looks solid & you can see something coming up with a team you like / that suits your skillset & interests, you can probably relax a bit longer.

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Post ID: @gfd+15upzJbj

@dol and @nnl, there are different targets for each level and for each type of work. Generally, targets are lower as you move up and are lower in strategy than technology than operations due to the different average length of projects. What will matter is that you aren't considerably worse off than everyone else. Be aggressive reaching out to people and get involved in lots of BD.

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Post ID: @jkd+15upzJbj

My 2c for @dol below - As a SA you need to be in a 80% to 85% chargeable range (based on my TFS) - I left about two years ago though

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Post ID: @nnl+15upzJbj

Can someone tell me what low chargeability is? Is there a % that they’re looking for people to at least be at? Like 80% to 90% minimum?

I wasn’t 100% chargeable from day 1 but got onto a fully chargeable project one month into my time at Accenture and will probably get to 100% by the time the fall rolls around.

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Post ID: @dol+15upzJbj

Are they targeting certain offices more than others? Also, any cuts in non-US offices?

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Post ID: @qlc+15upzJbj

About 18 months with Accenture, SAP Architecture, Infrastructure, & Cloud... Low charegeablity - axed on the 11th... Manager...

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Post ID: @cce+15upzJbj

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