Accenture to lay off 25,000 employees as it cuts 5% of its 'low performing' workforce
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Technology major Accenture is expected to lay off around 25,000 people or least 5% of its global workforce, with firings expected in India as well. The development was first reported in The Australian Financial Review, citing a staff meeting by Accenture chief executive Julie Sweet in mid-August. In India, it employs 2 lakh people, making it the employee hub for the technology major which has a global staff count of 5 lakh.