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Corporate functions is going through a significant restructuring and moving many roles offshore. It is changing daily.
Rolling layoffs
Announced in March 2023, Accenture’s layoffs of 19,000 people were detailed internally (including to effected people, the majority of whom were in Corporate Functions) in Summer 2023. End dates have generally been on a rolling monthly basis since then and will continue until at least August 2024. This was in an attempt to stabilize functions as jobs were moved to Argentina, Brazil, Western Europe and Southeast Asia.
The North America market was just restructured to include all of Latin America (including Argentina). I suspect this will facilitate further movement of jobs.
With a recent message from the CEO referencing “this phase” of the layoffs (called the Transformation internally) morale and company trust among U.S. employees is low. Bonus and promotion opportunity is bleak. Work is challenging as areas attempt to train and retain a revolving door of offshore colleagues.
CF is not valued at Acn