Employment News
Accenture Cutting Hundreds of Executive Positions
By Erik Even | Dated: 08-20-2009
Tech consulting giant Accenture is cutting jobs, including 7% of its senior executives. The firm has 4,800 senior executives, and expects to let go at least 336.Revenue for the quarter should hit $5.2 billion, down from $6.6 billion a year ago.
Hamilton, Bermuda-based Accenture Limited is a global management consulting, technology services and outsourcing company. It is registered in Bermuda, but the firm is moving its incorporation to Ireland. Accenture is a Fortune Global 500 company with more than 186,000 employees in 52 countries.
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