IT layoffs: How much did Accenture spend to reduce its workforce?
IT layoffs: IT consulting firm Accenture has cut 11,000 jobs across its global workforce, the tech giant announced on Thursday, as it released its quarterly results, and anticipates further layoffs in the coming months. The job losses come amid the company’s accelerated AI push.
The IT major announced an $865 million restructuring plan due to anticipated slower growth this year, attributed to reduced corporate demand caused by federal spending restrictions.
