OCTOBER 1, 2024 — 351 IN AUSTIN, TEXAS
According to a company spokesperson, “From time to time, we adjust our workforce on ongoing projects to meet the needs of our clients. We are fully committed to supporting our people through this transition.”
JUNE 25, 2023— 218 IN AUSTIN, TEXAS
According to Accenture, it will be laying off another 218 Austin, Texas employees after Accenture laid off more than 500 other employees at the same facility in May 2023.
MAY 20, 2021 — 549 EMPLOYEES IN AUSTIN, TEXAS
According to a filing with the Texas Workforce Commission, Accenture plans to lay off 549 employees in June 2023.
According to a company spokesperson, "From time to time, we adjust our workforce on ongoing projects to meet the needs of our clients. We are fully committed to supporting our people through this transition."
APRIL 3, 2023 — Original post…
Dublin, Ireland-based Accenture, the international consultancy specializing in information technology services and consulting, has announced its plan to downsize its global operations.
The reduction in force will impact 2.5% of the company's workforce, or 19,000 employees over the coming eighteen months and extending into 2024.
Accenture Chief Executive Officer Julie Sweet noted that the company taking steps to lower our costs in the fiscal year 2024 and beyond while continuing to invest in our business and our people.”
“Our results of operations are affected by economic conditions, including macroeconomic conditions, the overall inflationary environment, and levels of business confidence. There continues to be significant economic and geopolitical uncertainty in many markets around the world, which has impacted and may continue to impact our business, particularly with regard to wage inflation and volatility in foreign currency exchange rates. In some cases, these conditions have slowed the pace and level of client spending."
"Given the overall inflationary environment, compensation has been and continues to increase faster than in prior years. We strive to adjust pricing as well as drive cost and delivery efficiencies, such as changing the mix of people and utilizing technology, to reduce the impact of compensation increases on our margin and contract profitability.
Our ability to grow our revenues and maintain or increase our margin could be adversely affected if we are unable to: match people and skills with the types or amounts of services and solutions clients are demanding; recover or offset increases in compensation; deploy our employees globally on a timely basis; manage attrition; and/or effectively assimilate new employees."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?