Thread regarding Accenture layoffs

This is one list we shouldn't be topping

The 10 Biggest Tech Company Layoffs Of 2023 (So Far)

Dublin, Ireland-based global services provider Accenture in March unveiled plans to lay off 19,000 employees over the next 18 months. The move by Accenture, ranked No. 1 on the CRN 2023 Solution Provider 500, came after a year in which it made 25 acquisitions and increased its head count by 39,000.

https://www.crn.com/news/managed-services/the-10-biggest-tech-layoffs-of-2023-so-far-/11

by Anonymous
| 37401 views | | 3 replies (last August 7, 2023) | Reply
Post ID: @OP+1nqpBDhu
Comment! It's anonymous!

3 replies (most recent on top)

The bigger they are the harder they fall.

by Anonymous
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Post ID: @zhrr+1nqpBDhu

This is mostly a combination of the following:

  1. Accenture is replacing a large portion of internal corporate functions through a combo of outsourcing and AI.
  1. In normal economic climates, Accenture aims for a %5 attrition through their “Performance Achievement” process. In times of economic headwinds, this rate increases to ~10%.
by Evil Empire Strikes Again
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Post ID: @fvrh+1nqpBDhu

To be fair, the Grand Canal buildings are quite full as it is.

by Anonymous
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Post ID: @vha+1nqpBDhu

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