An internal message was sent to all UK staff this afternoon.
newspapers had the news within the hour ...
6-8% of headcount is the estimate
https://www.theguardian.com/accenture/2020/jul/01/accenture-to-cut-up-to-900-uk-jobs-as-pandemic-hits-demand
You would think the youngsters would be kept - cheap and work long hours.
Young apprentice are targets for redundancy in Accenture UK - shame on them
Thank you for sharing the link.
Any details what areas/roles are going to be impacted?
https://www.novaloca.com/blog/index.php/2012/01/20/accenture-signs-at-cobalt-cushman-wakefield/
NDC 15a to close with lease being up in 2020 and NDC to take brunt of UK cuts; another 10-15% to go by end of year.
This is just the beginning folks. I can confirm you that more are coming. My geography is not impacted yet but I can see that the light at the end of the tunnel that the MDs are promising is actually a train approaching fast. Most offices are managing big bench at the moment including the Big 4 in my country anyway. Quite bad for colleagues in the UK .. can't say it will be alright anytime soon.
Federal services is doing great,they just won a big contract so if you can move to DC and are a US citizen try that route
Anybody know how Accenture Federal Services is doing in the US? Layoffs? I figure less working people equals less taxes getting paid so less money for government entities. They should be feeling a squeeze.
It is a very bad time for consulting companies employees
there is one more but nothing new seems like a copy
https://indianitblog.com/accenture-to-layoff-900-employees-in-the-uk/1393/
This post in the Guardian is the only one I've seen so far. There are rumors here in the States that there will be another round of cuts here. We've had our cut already and it's my understanding that the rest of the world (including Europe/UK) is next.
FULL TEXT:
Accenture is to cut up to 900 jobs in the UK as the consultancy firm reduces costs in the face of lower demand for its services.
The New York-listed company employs 11,000 people in offices across the UK including in Aberdeen, London and Cambridge.
The UK job cuts will be at all levels, including managing directors, and across all parts of the business. Accenture said consultation on the reductions would start in mid-July and it expected between 700 and 900 people to leave the business by September.
In a note to staff, seen by the Guardian, the company said: “We went into the crisis with an overcapacity of people relative to demand. The crisis has caused additional strain on the business due to lower demand and reduced national attrition. In addition, we have identified structural costs that we need to address.”
The company said it had already cut costs by decreasing travel, reducing contractor numbers and pausing recruitment but “unfortunately these numbers have not been enough”.
Accenture warned last week it would have to curb new hires around the world and has been rumoured to be planning job cuts in the US
With much City activity, including mergers and acquisitions and new listings, on hold, advisory firms including Deloitte, EY, PricewaterhouseCoopers and BDO have all been attempting to cut costs in recent weeks mainly by reducing staff pay.
Accenture said in a statement: “We remain confident in our business in the UK for the long term. We are taking steps now to be able to continue investing in our workforce and our business, ensuring we have the right people with the right skills to best serve our clients and are well positioned for the future. We have notified our UK people that it is necessary to go into collective employee consultation for a proposed redundancy programme.”
https://www.theguardian.com./accenture/2020/jul/01/accenture-to-cut-up-to-900-uk-jobs-as-pandemic-hits-demand