{ "media_type": "text", "post_content": "Droga layoffs 7% of staff in US. So much for the Accenture buyout.", "post_id": "5f522f10a469b0001a96b930", "reply_count": 5, "vote_count": 3, "bowl_id": "594f0b7a1753b200102d1a8f", "bowl_name": "Creatives" }

Droga layoffs 7% of staff in US. So much for the Accenture buyout.

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Like most things, it was only ever about money.

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In a downturn like this, it’s inevitable. Accenture, like most mindless consultancies, has a profit margin they need to hit, and with fees being cut back, so must expenses.

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It’s how all agencies work, regardless if they’re consultancy led, holding company led, or independent (eg. Wieden laid off 11%)

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What is your point about Accenture? They lasted a lot longer before making any layoffs than any other holding company agency, and their biggest independent competitor (WK, who laid off even more).

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Accenture had lay offs too.

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