Accenture is laying off 25,000 employees; to cut 5% of underperforming workforce.

Times are looking tough for under-performers.

Alfred Lee

28 Aug, 2020

Accenture is laying off 25,000 employees; to cut 5% of underperforming workforce. | BEAMSTART News

- From our Sponsors -

Accenture, one of the largest professional services companies in the world, is laying off up to 25,000 workers across the world.

The company's revenue streams have suffered a serious hit due to the pandemic, resulting in lower demand for its offerings.

According to the Australian Financial Review (AFR), the staff being laid off will account for the bottom 5% of the underperformers.

India, which has the largest number of employees, could see several thousand employees affected by this change as well.

"We went into the crisis with an overcapacity of people relative to demand. The crisis has caused additional strain on the business due to lower demand and reduced national attrition. In addition, we have identified structural costs that we need to address", the company said in a memo to workers that was obtained by The Guardian.

- From our Sponsors -

Latest Jobs

Senior Marketing

Gallons & Grapes Pte Ltd

Buona Vista, Singapore

Full Time

SGD 4000 — SGD 4500 monthly

English-Korean Freelance Transcriber in Singapore

Elite Asia


Contract / Freelance

Salary Undisclosed

Account Manager (Hybrid)


New York, NY, United States

Full Time

Salary Undisclosed

Customer Service Representative

Gamer's Hideout Sdn. Bhd.

Dataran Prima, Petaling Jaya, Malaysia

Full Time

MYR 3000 — MYR 4000 monthly



SIngapore, Singapore

Contract / Freelance

SGD 9 — SGD 11 monthly

English Technical/Legal Writer

Pacston Technology Group

Kuala Lumpur, Malaysia

Full Time

USD 20000 — USD 60000 monthly

Junior Accounts Cum Admin Assistant


Kallang, Singapore

Full Time

SGD 1600 — SGD 1800 monthly

Head of Developers


Manila, Philippines

Full Time

USD 2000 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).