Accenture To Cut 5% Of Global Workforce: Sources
The company has about 2 lakh employees in India
IT consulting firm Accenture will lay off thousands of employees, as it is looking to cut at least 5 per cent of its global workforce, sources said. The move by the Dublin-based company comes amid increasing COVID-19 cases across the world, forcing many businesses to trim their operations and let go some of their workers. The company has about two lakh employees in India.
The replacement of laid-off workers is unlikely this year due to the coronavirus pandemic, sources said.
According to reports, the company normally replaces 5 per cent of its workforce with fresh talent every year.