I have heard rumors that layoffs happening at Accenture at the moment. Is that true? Which groups are impacted?

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All groups, bottom 5%. Our CEO has been pretty open to the street about it. The methodology and logic internally has been less than open however.

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Where have you been?

likefunny

At a different firm it seems

We're also hiring in critical areas, soooo.....

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Accenture is a sinking ship

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I agree. People with real hands on experience no longer used...only tech solutions seem to be the ticket to sell....tech solutions presented by someone with no domain or industry knowledge

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ACN stock is propped up by a very agressive and highly incentivized buy back through ESPP programs at the executive and non executive levels. That plus restrictions against shorting keep some of the momentum.

Do you recall Jenny R’s 20 consecutive quarters of decline as the CEO of IBM? I feel Julie might have the same issue if they don’t do something drastic, they are now just another me too player

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It’s strange because the stock has performed quite well

Lots of stock buy back.

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How is the strategy group doing? Staying busy? Lots on the bench? Any laid off?

Were new MBA hires and UG hires impacted?

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likefunnyhelpfulupliftingsmart

So no real layoffs?

Let’s talk about wrongful termination. The other day I was fired in the middle of the day without any warning. My colleagues called me because they were confused on why the Talent Manager dismissed me from the chat. I didn’t know what they were referring to. So I called my PM to ask what was happening, and she said that she just got off the phone with the TM and said they were terminating my contract on the spot due to me speaking up about micromanaging. No explanation just kicked out. Advice?

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Just found out I got laid off. Cheers to the weekend 🍺

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Meta/Facebook lays off 11k employees

Facebook (Meta)

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How long can you go without having anything to do before you get laid off?

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I heard UKG has fired many employees this year?
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