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Accenture to lay off 5 lakh Indian workforce

Accenture to lay off 5 lakh Indian workforce

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Accenture to lay off 5 lakh Indian workforce Accenture to lay off 5 lakh Indian workforce

Consulting company Accenture which has over 5 lakh employees worldwide is now set to cut at least 5 per Indian employees witnessing during the Covid-19 pandemic.

Accenture is cutting 25,000 jobs globally, then how will it not impact Accenture’s biggest base India that has over 1,70,000 employees in Accenture India. According to the sources, Accenture India will Layoff several thousand employees in India after the conclusion of the performance appraisal cycle that is underway.

Also read: KFC paused use of its classic “Finger Lickin’ Good” slogan after 64 years

Accenture spokesperson said: “Every year, as part of our performance process, we have conversations with our people about how they are performing, areas for improvement, their potential to progress, and whether they are a long-term fit for Accenture. This year, across all parts of our business and all career levels, we will identify nearly 5% of our people as our lowest performers who will transition out of Accenture. It is consistent with our actions each year.”

The spokesperson also said, “In India, we continue to hire. As part of our ongoing compensation programs, we also recently recognized a number of our people with bonuses and promotions.

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Edited By: Admin
Published On: Aug 26, 2020