Accenture to Lay Off 5% of its Global Workforce; 10,000 to be Fired in India
IT major Accenture is looking to reduce 5% of its global workforce, implying that around 10,000 jobs can be axed from India. As reported by Australian Financial Review (AFR) on August 25, Accenture CEO Julie Sweet stated that 5% of the employees are transitioned out every year, and new people are hired to replace them. However, this year the company is not planning to hire any more, she hinted.