
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.
SC on stray dogs. Today again, the Supreme Court heard the case regarding stray dogs in Delhi-NCR
On Tuesday, 14 CAG reports of the tenure of the AAP government will be presented in the assembly.
Nepal's prominent personalities have warned the government and political parties not to underesti
Canada has accused India of involvement in the murder of Khalistani terrorist Hardeep Singh Nijja
The issue of dynasty politics is talked about a lot in the country's politics. Janata Dal (Secula
Information about the earthquake in Vijayapura district of Karnataka has come to light this morni
The Maharashtra government has approached the Supreme Court in the case of the 2006 horrific trai
The team's journey ended after RCB's defeat in the eliminator match of IPL 2024. Along with this,
The dean of Pune's Sassoon Hospital in Maharashtra has made a big claim. He has alleged political
A 32-year-old iron footbridge built on the Indrayani River collapsed on Sunday afternoon in the M