
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.
While the Bollywood film 'Dhurandhar' is currently setting the box office on fire, its impact has
Waqf law amendment bill will be passed in the budget session! JPC report accepted by the majority
The report of the Joint Parliamentary Committee (JPC) constituted on the bill related to amendmen
Currently, if any film is getting a tremendous response in theatres, then it is South Cinema's my
In the current cricketing landscape, taking Vaibhav Suryavanshi's wicket has become a monumental
These days, North India is facing the brunt of intense heat. In many areas, the mercury has reach
For some time now, there have been discussions about the biopic of former Indian cricket team cap
Mohsin Naqvi apologizes to BCCI, refuses to return the Asia Cup trophy and medal.
PCB Chairman and Pakistan Government Home Minister Mohsin Naqvi apologized to the BCCI at the ACC
Continuous rains continue to wreak havoc in many cities of Maharashtra. The situation has gone fr
There is a lot of anger in India over the atrocities being committed against Hindus in Bangladesh
Prime Minister Narendra Modi has been engaged in 45 hours of meditation at Vivekananda Rock Memor