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IT Providers Agency Accenture To Minimize 19,000 Jobs, Trims Revenue Forecasts

IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts

Accenture Plc stated on Thursday it could reduce about 19,000 jobs. (Representational)

Accenture Plc stated on Thursday it could reduce about 19,000 jobs and lowered its annual income and revenue projections, the newest signal that the worsening world financial outlook was sapping company spending on IT companies.

The corporate additionally trimmed its annual income development and revenue forecasts on Thursday, amid worries that recession-wary enterprises will reduce expertise budgets.

The corporate now expects annual income development to be within the vary of 8% to 10% in native foreign money, in comparison with 8% to 11% anticipated beforehand.

(Apart from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)

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