
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.
Another star kid has made his debut in Bollywood, but in a different way. In the recent past, man
India has delivered a crushing defeat to Pakistan in the T20 World Cup. Ishan Kishan first made a
The weather is about to change in Delhi. Monsoon has surrounded NCR from three sides. There are i
Pakistan defeated South Africa by nine wickets with 41 balls to spare in the second T20 Internati
Smartphone brand Poco has launched its mid-range smartphone Poco F5 5G in India. This phone has b
Zaka Ashraf takes a U-turn on Dushman Mulk's comment: After the Pakistan team reached India, ther
India's victory celebrations against New Zealand in the Champions Trophy are continuing. Meanwhil
Actor Rajpal Yadav is currently spending his life in Delhi's Tihar Jail. A 2012 film became a tho
Aamir Khan is in the news these days for his upcoming film 'Sitare Zameen Par'. He is busy promot
RR vs LSG Playing 11: Top-ranked Rajasthan face second-ranked Lucknow, know possible playing-11
The 26th match of IPL 2023 is between Rajasthan Royals and Lucknow Super Giants. Both the teams h