Thread regarding Accenture layoffs

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 to $6.3 billion.

  • Source - https://www.cnbc.com/2020/09/25/these-companies-are-returning-money-to-shareholders-after-cutting-jobs.html
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| 22861 views | | 6 replies (last October 13, 2020) | Reply
Post ID: @OP+17757dp7

6 replies (most recent on top)

Julie Sweet "appears nice" per the last comment. Truly, on what basis? She smiled in a photo? You would be incredibly naive to expect any action from Julie Sweet that was not driven exclusively by risk avoidance and the Accenture bottom line. Don't watch what she says; watch what she does.

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Post ID: @iotk+17757dp7

Julie appears nice but do not be fooled. She’s always been a lawyer and is a politician at heart. It’s all about the money. I was excited to see a female CEO initially but Julie and Ellyn made it an imperative this year that 5% be rated as low and another 5%. The system is not just or fair. Forgot truly developing folks, it was all forced and greed is good for these people at the top. It will be impossible to ever have clients boycott Accenture. The company has lost something over the years, something genuine.

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Post ID: @4xkk+17757dp7

I also heard it will be another 5% around Dec (end of 2020).

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Post ID: @3ukf+17757dp7

Start A Petition which I might to Boycott all companies that do business with them. This means Apple, Google, Amazon, Health Companies like Cardinal Health and others. This company is giving money back to shareholders while cutting jobs for people during a pandemic. I bet the CEO is not taking a cut in salary and she follows Trump. Her husband was the campaign manager for racist Ted Cruz out of Texas.

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Post ID: @3erp+17757dp7

Accentutre ceo is more focused on bottom line and her personal gain( bonuses - share price) and has zero interest on employees wellbeing or empathy

CEO need to enjoy institutional investors support and to retain position, return to share holders (share buyback has increased). Truly human is slogan / joke and no single step has been taken towards truly human!

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Post ID: @3noe+17757dp7

12,900 Rebadged emoployees to be cut is US alone

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Post ID: @1eyk+17757dp7

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