
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.
There is anger in the country after the terrorist attack in Pulwama, Jammu, and Kashmir. Security
Prime Minister Narendra Modi has spoken to Assam Chief Minister Himanta Biswa Sarma, Sikkim Chief
The Supreme Court made strong remarks on Tuesday (January 13) during a crucial hearing on the iss
Kaun Banega Crorepati 16 is a reality show that is liked by people of every generation. The telec
Actor Allu Arjun is constantly in the headlines due to the Pushpa 2 stampede controversy. Meanwhi
PM Modi's meeting with BJP officials on August 17, brainstorming will be done on the new president
Prime Minister Narendra Modi will hold a meeting with BJP officials across the country on August
Kolkata Knight Riders team had entered the IPL auction with a purse of Rs 32.7 crore. It bought a
Today's Weather Update. The severity of winter is going to increase in North India. At the same t
The holy month of worship of Allah, Ramzan will begin with the sighting of the moon. There is a p
This was Sunita Williams' first reaction after returning to Earth, NASA released the video.
Astronaut Sunita Williams has returned to Earth. After spending 9 months and 14 days in space, Su