Accenture to cut 5% of global workforce; 10,000 employees in India at risk of losing jobs

IT major Accenture is good to go to terminate 5% of its workforce universally, which implies that around 10,000 employees in India will lose their positions because of the monetary emergency brought about by the coronavirus pandemic.

Accenture is probably going to solicit a few thousands from employees to pursue the finish of the examination cycle that is in progress.

A report in the Australian Financial Review (AFR) first reported that the company is planning the desperate measure. The report cited an internal staff meeting by Accenture CEO Julie Sweet in mid-August.

“This year, across all parts of our business and all career levels, we will identify approximately 5 per cent of our people as our lowest performers, and these individuals will transition out of Accenture. This is consistent with our actions each year,” the company informed.

“This year, in addition to the normal 5 per cent, we’ve identified more people who need improvement … So we’re making sure … if we have to make other actions, we know where our performance is,” CEO Sweet was quoted as saying in the internal global staff meeting streamed online.

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