On Thursday, March 3, Accenture, a world-renowned management consulting, technology service and outsourcing service company, will conduct large-scale layoffs.The news shocked and worried the company's employees and the industry alike.
According to Accenture, a global IT outsourcing service and consulting giant headquartered in Ireland,It will cut 18 jobs in the next 1.9 months, accounting for about 2.5% of its total workforce.
The layoffs will focus on management consulting and technology services, which are core areas of Accenture's business.The reason for the layoffs is said to be that the company is trying to reduce costs and respond to competitive pressure and uncertainty in the market.
It is reported that this round of layoffs is expected to result in$12 billion in employee severance and other personnel costs, and will spend an additional $3 million on office space consolidation.
Accenture also lowered its performance guidance at the same time, expecting a revenue growth range of 8% to 10% this fiscal year, lower than the previous 8% to 11%.
Direct layoffs of 14 people, affecting 40 families
The news has particularly raised concerns among employees in the Silicon Valley area.Accenture is said to have multiple offices and thousands of employees in Silicon Valley.Although no specific layoff plan has been announced yet, the news has already aroused concern and anxiety among employees.
In addition to Accenture, many technology companies in Silicon Valley have also recently carried out large-scale layoffs.
Since 2023, there will be more than 450 technology companies in the United States,The total number of layoffs exceeds 14.
With changes in the economic and market environment, as well as internal adjustments and reorganizations within the company, layoffs have become an inevitable choice.
Amazon
On March 3, the world's e-commerce giant Amazon plans to lay off 20 employees in the second round.Just two months ago, Amazon had just laid off 9000 people.
Meta
In the first half of this month, it also announced another 1 layoffs, accounting for about 13% of its total number of employees, followed by layoffs in technical and business positions in April and May, and continued reorganization until the end of 4.
In January, Google announced the layoffs of 1.2 employees, about 18.6% of its 6 employees worldwide.
Microsoft
Microsoft also said in January that it would cut about 1 jobs, accounting for about 5% of its total workforce, and its software development platform GitHub announced plans to cut 10% of its workforce, requiring the rest to work from home to reduce costs.
PayPal
PayPal said in January it would lay off 2000 employees, or about 7%, because it believed it was a "challenging macroeconomic environment." PayPal said the layoffs would affect different brands unequally.
eBay
According to a document submitted by eBay to the US Securities and Exchange Commission, eBay said it would lay off 500 people, accounting for about 4% of its global workforce.
Layoffs in the consulting and technology industries have made many people more worried about the future economic situation.It has also affected the countless families behind these laid-off employees.
