
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.
BJP-Congress Clashed: During the election battle in Karnataka, BJP and Congress leaders have star
Salman Khan is celebrating his 58th birthday today i.e. on 27th December. Salman celebrates his b
It's been just a few days since Shah Rukh Khan's film Jawan was released. The film is also making
Health facilities in Uttar Pradesh will get wings. A provision of Rs 50550.42 crore has been made
On Wednesday, Delhi Police registered a case related to the lapse in security of Parliament under
Darbhanga's Bahera police station once again reached the house of Lalit Jha, accused in the Parli
Karur Stampede: Stalin assured action, TVK demanded a CBI inquiry, 10 big updates
Following the stampede at actor-turned-politician Vijay's Tamilaga Vetri Kazhagam (TVK) rally tha
On the occasion of International Women's Day, Prime Minister Narendra Modi has given a big gift t
Kangana Ranaut again taunted Karan Johar said- Your Hindi has improved now, see what happens next
The war between Kangana Ranaut and Karan Johar has intensified. After the reply from the filmmake
While hosting more than twenty heads of state from across the world, the police and various secur