
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.
Prime Minister Narendra Modi will attend the swearing-in ceremony of TDP president Nara Chandraba
Incidents of violence have again come to the fore in Manipur. The mob set ablaze a godown near th
Delhi Chief Minister Arvind Kejriwal's troubles are not decreasing in the CBI corruption case rel
While many states across the country are facing the brunt of air pollution, many states in South
After the name of 37-year-old Indian-origin entrepreneur Rinson Jose surfaced in the recent Pager
The Indian team won the Asia Cup 2025 title by defeating Pakistan by 5 wickets in the final. Foll
Famous comedian Samay Raina has been in the news for some time now. In India's Got Latent, podcas
The Online Gaming Promotion and Regulation Bill, 2025, has now become a law after the President's
Ranveer Singh's film 'Dhurandhar' is currently doing wonders at the box office. Even after severa
Noida Police has received a big input, in which it has been informed that some anarchist elements