Thread regarding Accenture layoffs

Hurricane (Layoffs) days - Economic Times

https://economictimes.indiatimes.com/news/international/global-trends/accenture-says-ceos-are-hitting-pause-on-consultants-amid-global-uncertainty/articleshow/121978613.cms?from=mdr

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| 22181 views | | 11 replies (last July 26) | Reply
Post ID: @OP+1k0c79m29

11 replies (most recent on top)

They are ruining well established companies one by one.

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Post ID: @1g5+1k0c79m29

@16h

Spot on.100%.

Quick typo: I think you meant "to get the expertise that these almost 800,000 people should have ahead of...?" (rather than "that none of these almost 800,000 people should have ahead of..."), - but understood you indeed.

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Post ID: @16j+1k0c79m29

@16b

You would think that a company that does what ACN does and has almost 800,000 employees is ALREADY equipped with what it takes to provide the "consulting" services that are needed in the next two years because they are supposed to think ahead and be strategic (otherwise, what kind of consultancy are they?)...

Strange... they are going out there now that they have all these articles going around about them to "suddenly BUY stuff"...

they need to acquire some boutique thingy with a "very special and unique framework or model" to get the expertise that none of these almost 800,000 people should have ahead of the market need, ahead of the trend?

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Post ID: @16h+1k0c79m29

@16b

No, it's a lack of a strategy, but they seems to think the market likes "movements" and in their minds M&As sound like, "look, look, we are having a dreategy, AI, acquisitions, yada, yada, yada..." - "we are moving forward with our great momentum, and investing on good things...."

https://www.investing.com/news/company-news/accenture-to-acquire-maryville-consulting-group-to-expand-tech-strategy-93CH-4148552

This acquisition makes no sense. More are coming, "to keep the momentum going..."

It's all about "momentum, momentum..."

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Post ID: @16g+1k0c79m29

@10n

Does it sound like a strategy?

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Post ID: @16b+1k0c79m29

https://www.stocktitan.net/news/ACN/accenture-deepens-banking-capabilities-in-malaysia-with-acquisition-xyyb1072gr94.html

M&A spree for the Sweet...

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Post ID: @10n+1k0c79m29

@gw many let go from BH & XON last Friday

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Post ID: @yb+1k0c79m29

Market is Terrible in US specially SAP , so just hang in tight

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Post ID: @wy+1k0c79m29

Life is so painful in ACN

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Post ID: @s8+1k0c79m29

In some other thread some one clearly mentioned by November this year many will let go and I was thinking it was just a rumour , nopeeeeeeeeeeeee its TRUE, hurricane season is just few months away, please tighten in your seat belt, we are going to be Air Borne

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Post ID: @gw+1k0c79m29

That's what happens when you put a lawyer managing a tech company....
The interviews she gives to the media are mediocre.

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Post ID: @b5+1k0c79m29

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