
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.
Khalistani terrorist Gurpatwant Singh Pannu on Monday threatened passengers not to travel on Air
Amarnath Yatra: LG flagged off the first batch for Amarnath Yatra; Tight security arrangements made
The first batch for the Amarnath Yatra has left. LG Manoj Sinha flagged off the first batch early
Ramlala's temple is not being called divine and grand just like that. The huge temple spread over
Kantara Chapter 1: Jr NTR praises 'Kantara Chapter 1', calls Rishabh Shetty a mix of actor-director
Rishabh Shetty's upcoming film "Kantara: Chapter 1" continues to generate considerable buzz. Audi
Delhi Chief Minister Arvind Kejriwal has filed a fresh petition in the Delhi High Court demanding
Ahead of the India Alliance meeting, Trinamool Congress (TMC) has advised the Congress to give up
A new revelation has been made in the case of the murder of a level female tennis player, Radhika
The complete schedule for the T20 World Cup, to be co-hosted by India and Sri Lanka next year, ha
Once again, the story of the freedom revolution will be seen. Prime Video has announced its new p
In February of last year, comedian Samay Raina found himself embroiled in a controversy. This occ