A piece of bad news has come for the employees working in the IT company Accenture. Accenture is said to be anticipating a decline in its profit in the coming days and fears a revenue shortfall amid projections of a recession.
Because of this, the IT company is going to cut jobs. According to the information, about 19,000 jobs are being reduced. The deteriorating global economic outlook is driving up corporate spending on IT services. Due to this, Accenture has decided to reduce jobs. Let us tell you that not only Accenture, but many big companies have announced layoffs this year.
Accenture worried about a recession
Accenture fears that the slowdown may affect the company. This led to the need to cut enterprise technology budgets. According to Accenture, annual revenue growth in the coming days is expected to be in the range of 8% to 10%, compared to the earlier expectation of 8% to 11%. The company expects earnings per share in the range of $10.84 to $11.06, compared with the previously expected range of $11.20 to $11.52.
These companies have already laid off
This year many companies have decided to cut jobs. At the beginning of the year, companies like Meta, Google, and Zoom had already decided to lay off people. According to reports, Facebook's parent company Meta is planning to reduce around 10,000 employees from its team. This is the take-off of the second phase of META.
Apart from this, Zoom Video Communications has decided to lay off 1300 employees.
National Democratic Alliance (NDA) Vice Presidential candidate CP Radhakrishnan was felicitated b
Hamas Israel Conflict: Hamas attacks family, boy survives; death of parents
Deadly attacks continue between Hamas and Israel. Meanwhile, an Israeli-American teenager survive
'It is ours, it is ours...', Sonia Gandhi replied smilingly on the Women Reservation Bill. Video
Women's Reservation Bill. Today is the second day of the special session of Parliament. Today is
'Kaanta Laga Girl' Shefali Jariwala died at the age of 42, reportedly due to a heart attack. Howe
Actor Ranvir Shorey is currently seen in Bigg Boss OTT 3. In the show, he is seen talking about h
Chhath Puja 2025: Vehicles will be prohibited from entering the city for Chhath Puja, and the road will be one-way; see the route chart here.
To ensure smooth traffic flow in the city on the occasion of Chhath Puja, the traffic police have
Famous ghazal singer Pankaj Udhas has passed away. He was ill for a long time. He was 72 years ol
Samsung is in the news these days about its upcoming flagship series. The company is planning to
Last night, Tanushree Dutta shared a video of herself crying on her social media. In this, she al
Ishan Kishan Record: Ishan Kishan broke Sachin Tendulkar's record; Left Gill behind, equaled Dhoni
Indian wicket-keeper batsman Ishan Kishan is running in excellent rhythm. After scoring a stormy
