
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.
Israel-Hamas War. Gaza has become a battlefield amid the Israel-Hamas war. For the last few days,
Salim Khan's health deteriorates, admitted to Lilavati Hospital; Salman Khan arrives at the hospital
Bollywood superstar Salman Khan's father and industry veteran scriptwriter Salim Khan has suddenl
The final match of the five-match T20 series between India and New Zealand will be played in Thir
The matter of animal fat being found in the prasad of Tirupati temple is continuously growing. Re
Arvind Kejriwal government of Delhi has made a big announcement. Arvind Kejriwal's government wil
On Sunday, Prime Minister Narendra Modi praised his government's decision to conduct a caste cens
The semi-final match of the Under 19 World Cup 2024 between India and South Africa was played on
The race for the Orange Cap in IPL 2024 is becoming exciting day by day. The 16th match of IPL 20
Why did Salman Khan call Sonakshi 'Devi', netizens said- 'Bhaijaan', you said...
Sonakshi Sinha, who won everyone's heart by debuting with Salman Khan's film Dabangg, has the sam
BJP leader and former MP Brijbhushan Sharan Singh has launched a scathing attack on Indian wrestl