(MENAFN- Khaleej Times) Consulting firm Accenture announced Thursday it will be cutting around 19,000 jobs, or 2.5 per cent of its workforce, spread over the next 18 months, as part of a cost-cutting effort. In a filing with the US Securities and Exchange Commission, the Dublin-headquartered company said it expects to incur $1.5 billion in costs as a result of the downsizing, including $1.2 billion directly related to the layoffs.
ALSO READ:
amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023
facebook parent meta slashes 10,000 jobs in new round of cuts, will not fill 5,000 open positions
swiss brace for major job losses after credit suisse buyout
MENAFN23032023000049011007ID1105852164
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.