That represents about 2.5 percent of the global workforce. Going forward, Accenture plans to save $1.5 billion.
TECHNOLOGY POWERING BUSINESS
Job Cuts
Report: Meta Plans Further Job Cuts
The new wave of layoffs is expected to hit thousands of employees. CEO Mark Zuckerberg is making efficiency one of his company's goals for the current fiscal year.
Yahoo Reduces Number of Employees by 20 Percent
The wave of layoffs affects about 1000 employees. Yahoo is cutting jobs primarily in its ad technology division. CEO Jim Lanzone is holding on to the ad business itself.
Dell Also Announces Job Cuts
The wave of layoffs affects 6600 employees. Dell justifies the step with an "uncertain future".
SAP Announces Restructuring and Job Cuts
The measures will affect 2.5 percent of employees. SAP expects to save up to 350 million euros annually from 2024. SAP closes the 2022 financial year with a drop in profits.
Google Parent Alphabet Also Cuts 12,000 Jobs
CEO Sundar Pichai takes responsibility for the job cuts. He speaks of an increase in staff during the past years that is no longer sustainable today.
Salesforce Lays Off More Than 10,000 Employees
CEO Mark Benioff takes responsibility for a misguided staffing policy during the Corona pandemic. Salesforce is also reducing its office space.
HP Also Announces Drastic Job Cuts
Up to 6,000 employees will be affected. The goal is annual savings of up to $1.4 billion. HP ends the fourth fiscal quarter of 2022 with a black zero.
Report: Facebook Also Plans Major Job Cuts
The number of layoffs is reportedly in the thousands. An official announcement will probably be made on Wednesday. The goal is to cut costs by at least ten percent.
After Twitter Takeover: Elon Musk Plans Radical Job Cuts
Under Musk, nearly 75 percent of Twitter employees could lose their jobs. Even without a takeover by Musk, Twitter itself is reportedly planning a significant reduction in personnel costs.
Report: Intel Plans Job Cuts
According to Bloomberg sources, several thousand employees are affected. According to the report, Intel plans to cut fixed costs primarily in sales and marketing. Analysts predict Intel will see a 15 percent drop in sales in the third ...