The tech consulting firm says economic conditions have brought on the move
Accenture has announced it will be slashing 19,000 jobs at the tech consulting firm.
It’s all part of a proposal to cut costs to deal with a tight economic environment.
The company says it won’t put a freeze on hiring despite 2.5 per cent of staff departing in the next 18 months.
In a statement, the company says “there continues to be significant economic and geopolitical uncertainty in many markets around the world, which has impacted and may continue to impact our business.”
The company is expecting annual revenue growth to be up to 10 per cent for this year, which is a slight downgrade on pervious estimates.
The axing comes amid Meta and Amazon are downsizing their workforce.
