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.
Captain Miller Box Office Collection Day 3: Many films have been released this Makar Sankranti. F
Nature's havoc continues in Himachal Pradesh. Incidents of landslides and cloudbursts are being r
The Kerala Story: 'The Kerala Story' actress Ada Sharma had an accident, know how her condition is
'The Kerala Story' actress Adah Sharma has reportedly met with an accident. The news of his accid
The All India Cine Workers Association has strongly condemned the comments made by YouTuber Ranve
Delhi Chief Minister Arvind Kejriwal is spending most of his time in Tihar Jail meditating, readi
Royal Challengers Bangalore has won the IPL 2025 title. The wait of 18 seasons is over. Finally,
Paresh Rawal will no longer be Babu Bhaiya of Hera Pheri world, this one news itself brought disa
The last date to return or exchange Rs 2,000 notes is today. According to the Reserve Bank of Ind
'Husband is rich, get me 12 crore rupees and BMW, ' SC questions woman when she asks for alimony.
While hearing a case on Tuesday, the Supreme Court said that educated and capable women should st
Prime Minister Narendra Modi is going to visit Uttarakhand soon. Preparations for PM Modi have in
