Accenture layoff

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Abc Large. Agencies India, which has the largest Accenture employee base of nearly 2 lakh employees, could see thousands of workers being affected by the move. New Delhi: Global professional services company Accenture which has over 5 lakh employees worldwide is to cut at least 5 per cent of its 'low-performing workforce and thousands of Indians are set to lose jobs owing to the sluggish business the company is witnessing during the Covid pandemic.

India, which has the largest Accenture employee base of nearly 2 lakh employees, could see thousands of workers being affected by the move. Apple India may finally open its online store next month.

They are not relevant to me They disrupt the reading flow Others. Discover the stories of your interest. Blockchain 5 Stories. Cyber-safety 7 Stories. Fintech 9 Stories. E-comm 9 Stories. ML 8 Stories. Edtech 6 Stories. Sunday, 15 Jan, Read Complete Print Edition ». New-age Cos Think Beyond Pay, Perks to Win Talent Wars While BharatPe co-founder Ashneer Grover announced this week that he would gift Mercedes cars to employees who stay on for five years at his new company, Third Unicorn, the mood among the rest of the startup ecosystem is one of caution and fiscal prudence.

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Your Reason has been Reported to the admin. Fill in your details: Will be displayed Will not be displayed Will be displayed. Share this Comment: Post to Twitter. Accenture's India unit has laid off several employees for obtaining job offers from Accenture by using documentation and experience letters from fraudulent companies. This comes at a time when tech firms struggle to make sense of trends such as moonlighting or employees with side gigs. We have exited people who we confirmed took advantage of this scheme.

We have taken action to ensure that there will be no impact on our ability to serve our clients. Although it is unknown how many Accenture employees were involved in the scam, buzz on Twitter is that thousands were caught. Accenture also stated that it has "zero tolerance for any non-adherence" to its strict business ethics code. According to reports, a large number of Human Resources managers in the industry are now reviewing the experience letters and other documents of those hired during the pandemic boom.

The uncertainty during the pandemic led to techies opting for side gigs, which grew into a moonlighting crisis for the IT sector.

Companies like Infosys and Wipro have done massive layoffs, citing moonlighting. Sign In. BT Davos. India

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