
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.
Prime Minister Narendra Modi on Tuesday recalled this dark day of democracy on the 49th anniversa
India defeated Pakistan by a huge margin on Sunday while defending a score of 119 runs. With this
The growing tension between Israel and Iran in West Asia has caught the attention of the whole wo
Six days have passed since the Israel-Hamas war. More than 2800 people have lost their lives so f
After Badlapur, brutality in Akola! Teacher used to molest girl students in school; accused arrested
There was a lot of uproar in the city on Tuesday after a case of harras abuse of two girls came t
Amitabh-Ravi: Ravi Kishan praised Amitabh Bachchan for 'Kalki 2898 AD', Big B greeted him with a hug
Amitabh Bachchan is currently enjoying the success of his recently released film 'Kalki 2898 AD'.
The weather in the capital Delhi and surrounding areas remains pleasant. The sky has been cloudy
A major plane crash has happened in Churu, Rajasthan. A fighter plane of the Air Force suddenly c
In the match being played against Punjab Kings, Rajat Patidar's bat thundered from RCB
Moonbin Death: Astro member Moonbin died at the age of 25, dead body found at home
Moonbin Death: South Korean singer, actor, dancer and model Moonbin Death has passed away at the