Accenture To Cut 19,000 Jobs, Trims Profit Forecast

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New Delhi: Amid reports of layoffs in major tech firms, Accenture Plc on Thursday confirmed 19,000 job cuts and lowered their annual revenue and profit projections.

According to a Reuters, the company also trimmed its annual revenue growth and profit forecasts amid concerns of recession cloud technology budget.

The report further added that the company expects annual revenue growth to be in the range of 8% to 10% as compared to 8% to 11% expected previously.

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