
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.
Indian Under-19 team's explosive opener Vaibhav Suryavanshi missed out on a big innings in the th
The CBI arrested Delhi Chief Minister Arvind Kejriwal on Wednesday with the permission of the cou
The Japanese game show 'Takeshi Castle' remains in the news for its new season. The show gained i
In every work of Sanjay Leela Bhansali, his sets are praised. These days his first
The Supreme Court has issued a significant order regarding the Special Intensive Review (SIR) in
Actor Allu Arjun is constantly in the headlines due to the Pushpa 2 stampede controversy. Meanwhi
The Luthra brothers, the main accused in the Goa nightclub fire, have been detained in Thailand,
The semi-final match of the Under 19 World Cup 2024 between India and South Africa was played on
The Supreme Court on Friday gave its verdict on the stray dogs case. The apex court said that dog
Amid growing speculations over the resignation of former Vice President Jagdeep Dhankhar, Union H