Trending: Accenture to Cut 19,000 Jobs Over Next 18 Months
March 24 2023 - 09:51AM
Dow Jones News
9:21 ET -- Accenture PLC is one of the most mentioned companies
in the U.S. across all news items in the last 12 hours, according
to Factiva data. Accenture plans to cut about 19,000 jobs, or 2.5%
of its workforce, over the next 18 months as the
professional-services company looks to slash costs and streamline
operations, amid slowing IT spending. The company said it expects
its business-optimization plan to cost about $1.5 billion, mostly
from employee severance during the remainder of the current fiscal
year and fiscal 2024. Dow Jones & Co. owns Factiva.
(chris.wack@wsj.com)
(END) Dow Jones Newswires
March 24, 2023 09:36 ET (13:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Accenture (NYSE:ACN)
Historical Stock Chart
From May 2023 to Jun 2023
Accenture (NYSE:ACN)
Historical Stock Chart
From Jun 2022 to Jun 2023
