Accenture Federal Services employees will be spared from a recent massive layoff announcement, officials confirmed to Technical.ly.
Accenture Federal Services is an Arlington, Virginia-based, wholly-owned subsidiary of consulting firm Accenture, which said in a filing last week that it would be laying off 19,000 employees over the next 18 months. That accounts for about 2.5% of the company’s workforce, and Accenture said it would mainly cut jobs in back office roles.
“While we continue to hire, especially to support our strategic growth priorities, during the second quarter of fiscal 2023, we initiated actions to streamline our operations and transform our non-billable corporate functions to reduce costs. Over the next 18 months, these actions are expected to result in the departure of approximately 19,000 people (or 2.5% of our current workforce), and we expect over half of these departures will consist of people in our non-billable corporate functions,” the filing read.
READ FULL ARTICLE HERE
