How are layoffs looking at our parent company Accenture? Last week was terrible at Avanade.

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Julie is getting a lot of pressure to deliver the 20% cost takeout she promised Wall Street 2 1/2 years ago and despite cutting 19K back off workers and the 10% of MDs who were are the top of the pay bands (ignoring the fact they were the thought leaders and rain makers and that’s why they were are the top of paybands) she never even got to 2% and she has grown headcount not reduced it and grown overhead costs not reduced them.

From the outside in now I’ve never seen so many accenture people on the market having been laid off, more than 2009.

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They are underway in several areas from SMD down.

helpful

Looking bleak.

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What happened at Avanade?

We were told all practices outside ERP had cuts, not sure of % of staff cut.

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