Accenture Industry X Layoffs Ongoing

Sep 29, 2020 28 Comments

Accenture has been losing revenue in specific areas and is publicly rebranding several practices due to the ongoing COVID pandemic and other issues.

Several botched contracts early in the year did not help the situation, where management was at each others throats, ultimately self-destructing any goodwill from their teams. People actively engaged at certain clients were put under a microscope for performance, and when the management fell through and the budget was tight, that's when rumors started circulating.

June saw a reduction at the top, with 10% gone from Industry X -- Accenture's newest iteration on the Industry 4.0 paradigm which is global manufacturing, robotics, digital twin, IIOT, PLM, MES, etc. Many cut in this first wave were upper management, directors, and sales managers.

Many of these cuts were due to the industries affected by COVID losing revenue (manufacturing is down, supply chains are tight, airlines are not servicing near-to-capacity, make-to-order orders are low, automotive manufacturing is down, etc.).

Another reduction of unspecified % happened in August, and yet another is planned if the rumors (which all came true so far) are to be believed. From what I know this impacted people who didn't have a skillset in the IIOT/DT area regardless of performance and chargeability, as this is how they want to rebrand the Industry X focus and cut out the other aspects of the organization or move them elsewhere.

However the cuts have extended to several areas of the core Accenture business across the technology, management consulting, strategy consulting, and digital consulting branches. More TBD. #layoffs #accenture

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TOP 28 Comments
  • Tata is Consulting , where as Accenture is Professional Services
    Sep 29, 2020 7
    • Accenture does compete with body shop like Tata... It was ages ago Accenture was different from other Indian body shop companies... Now it is eually or even worse than others...
      Oct 7, 2020
    • IBM
      oddblockV2

      Go to company page IBM

      oddblockV2
      Again, outside the US firm dynamics are very different. Accenture and Big 4 still do proper consulting and there is a huge distance between them and the Indian body shoppers. In the US, they are all just competing with the lowest common denominator, the Indian body shoppers.
      Oct 7, 2020
  • Microsoft
    dnziwb

    Go to company page Microsoft

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    Fat loser
    dnziwb
    Accenture is consulting company like Tata?
    Sep 29, 2020 2
  • eBay
    akpman2

    Go to company page eBay

    akpman2
    How is SAP area ? My cousin will be laid off from Accenture in October with rehire option. Do they rehire actually ?
    Sep 29, 2020 3
  • IBM
    oddblockV2

    Go to company page IBM

    oddblockV2
    Accenture has more employees than some cities and states population. There’s fat that needs cutting but cutting chargeable staff ain’t it. This would never happen under Pierre, glad I got out before that idiot new CEO took over.
    Sep 29, 2020 4
    • OP
      I was cut while chargeable AND I was just signed for another year. Due to COVID client was unable to replace me on the assignment, and Accenture had to pull another resource within the client to do the newly vacant role. They lost an entire revenue stream and a skilled team member which to me was a baffling decision. Many coworkers shared the bewilderment.
      Sep 30, 2020
    • IBM
      oddblockV2

      Go to company page IBM

      oddblockV2
      That’s horrible mismanagement. I’m so sorry this happened to you. Accenture is pulling the shit tier firm games that IBM, WITCH, and Deloitte have been doing lately. It’s indeed a race to the bottom.
      Sep 30, 2020
  • Not surprised. I've lost a number of colleagues in these cuts.
    Sep 29, 2020 0