Consulting firm Accenture announces decision to cut 19,000 jobs

As part of a cost-cutting effort, it will lay off 2.5 per cent of its workforce over the next 18 months

By AFP

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Photo: Reuters file
Photo: Reuters file

Published: Thu 23 Mar 2023, 11:07 PM

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.


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