Accenture to Cut 19,000 Jobs, 2.5% of Workforce

Layoffs by the provider of consulting and outsourcing services contribute to a wave of cuts that have gone beyond the tech industry as greater economic uncertainty drives cost reduction across different sectors

Illustration: Adele Morgan

Accenture PLC is cutting about 19,000 jobs, or 2.5% of the professional-services company’s workforce, as it looks to slash costs and streamline operations.

The company, which offers various corporate services ranging from accounting and procurement to marketing and more, said most of the employees expected to be affected will be in nonbillable corporate roles. Accenture said it is still hiring elsewhere.

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