Thread regarding Accenture layoffs

Massive Indian Layoffs Coming

Accenture has advanced it’s AI technology to a point where it no longer needs the support of it’s 425,000 employees. The first large cut will come from its Indian business outsourcing segment.

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Post ID: @OP+THLOS46

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layoffs dont need a buzz to be created around Artificial intelligence Everyone knows the limits of AI and Automations. the media mgmt tactic worked two years and and it is farce now.

Loss/slowdown in business and leadership failure at the top are reasons for layoff apart from High stock price linked CEO pay that incentivises staff reduction to jack up profits and boosts stock price which benefits the management team holding stocks .

Post ID: @1xcr+THLOS46

Any projection of number of cuts?

Post ID: @ekr+THLOS46

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