Why aren’t the Accenture layoffs garner headlines like when tech companies do it?

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Because they are minimum overall. There is a lay-off process every year for chargability/ performance. Covid is just cutting out the red tape to get it done this year

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D1 it was 5% (those on a PIP from 2019) earlier this year, 5% from this year’s performance ratings, and a another 5% identified on PIPs this year.

Does the picture I drew count?

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Seems like the practice of the big firms have all been pretty similar - reduce +/- 5% of low performers, which is pretty standard practice in annual performance review cycles. They’re not called “layoffs” so they don’t garner much attention. It seems like this year, firms are taking different approach to messaging/branding these reductions, which is causing very different public reactions...which is enlightening in and of itself

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Probably because it’s still emerging, I would imagine

I don't really know much about employment law... I don't even know if you'd call what Accenture just did a layoff since it's our annual culling of the fat. It's just confusing because each of those people probably was actually laid off, versus terminated with cause. But it's not really a layoff per se - Just a bunch of people being laid off. At least that's how I understand it. But the distinction is important for unemployment, job history, etc. I wonder how often Accenture actually terminates for cause. Probably rarely do the lawsuits.

They're also are some laws around mass layoffs. Not sure if they apply to Accenture. Some kind of warning or something they may have to do to the state. I forget if there's certain circumstances like only if they took certain aid in the past or something like that.

Came out today news formally

Yup, I saw that

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