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Tech layoffs continue: Accenture to axe 19,000 employees

Shortpedia

Content Team
Image Credit: tech crunch

Irish IT services firm Accenture has announced its plans to cut 19,000 jobs. This would be one of the biggest rounds of tech layoffs in the past few months. The company also trimmed its third-quarter revenue forecast to $16.1 billion-$16.7 billion. IT services firms have been struggling due to the decrease in spending by enterprises due to recession fears.