Accenture delays promotions globally, after denying salary hikes to India staff

Accenture Plc, the global consulting and technology giant, is set to delay the majority of its staff promotions by six months, a move reflecting ongoing challenges in the consultancy sector. According to a report by Bloomberg, Accenture informed employees through an internal blog post that most promotions will now be announced in June 2024, deviating from the traditional December timeline. This change impacts the company’s vast workforce of over 750,000 employees worldwide.