Accenture to fire 5% of its workforce; 10K employees in India to lose jobs

News Network
August 26, 2020

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New Delhi, Aug 26: IT major Accenture is all set to fire 5% of its workforce globally, which means that around 10,000 employees in India will lose their jobs due to the economic crisis caused by the coronavirus pandemic. Accenture is likely to ask several thousands of employees to go after the conclusion of the appraisal cycle that is underway.

The Australian Financial Review (AFR) reports that Accenture CEO Julie Sweet, in an internal staff meeting streamed online in mid-August revealed that 5% of their global workforce can be asked to leave the company.

“In a normal year, we transition out about 5% and we hire to replace them because we are in a demand scenario. Right now, we're not in a demand scenario, so if we manage out the same percentage of people and don't replace them, it allows us to continue to invest and preserve some people who have lower chargeability for when the market comes back." AFR said Accenture is looking to cut at least 5% of its global workforce.

To be noted, Accenture has 5 lakh employees globally and if 5% of the employees are fired, around 25,000 employees will be asked to leave. Out of 5 lakh, 2 lakh Accenture employees are in India. Hence, once 5% is applied to India, then 10,000 employees will face termination in India.

In July, Bloomberg reported that Accenture was cutting up to 900 jobs or 8% of its UK workforce. AFR said, “with about 5,000 staff employed by Accenture locally (Australia), the redundancy numbers would be about 250, but it is understood to currently sit around 180.”

Speaking on the possible layoffs in India and which employees will be targeted, a spokesperson in an emailed statement told TOI:  “Every year, as part of our performance process, we have conversations with our people about how they are performing, areas for improvement, their potential to progress, and whether they are a long-term fit for Accenture. This year, across all parts of our business and all career levels, we will identify approximately 5% of our people as our lowest performers, and these individuals will transition out of Accenture. This is consistent with our actions each year.”

Accenture asks, on an average, 5% of its employees every year to leave, based on performances. However, unlike every year, they won’t hire more employees, since demand is low.

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News Network
January 14,2022

Two more legislators, belonging to the Apna Dal, an ally of the BJP, have resigned just ahead of the Uttar Pradesh Assembly elections scheduled to take place next month.

Following his resignation, Chaudhary Amar Singh said: "This government is a liar and no development has been done. I met Akhilesh Yadav and will join him. Soon more people will join us."

He is likely to contest his Shohratgarh seat in Siddhartha Nagar on an SP ticket.

The other Apna Dal MLA R K Verma, who represents the Vishwanath Ganj seat of Pratapgarh, also announced that he is leaving the party.

Both the legislators blamed the Yogi Adityanath government for their leaving the alliance.

With the two new resignations, a total of 12 MLAs from the ruling alliance in Uttar Pradesh have quit, blaming the state government of being anti-backward.

Ten BJP MLAs, including three ministers, have quit the BJP since Tuesday.

It started with the exit of top minister Swami Prasad Maurya, followed by three MLAs close to him on the same day - Bhagwati Sagar, Roshan Lal Verma, and Brijesh Prajapati.

On Wednesday, another state minister Dara Singh Chauhan and MLA Avatar Singh Bhadana quit. Bhadana joined the RLD, an ally of the SP.

On Thursday, Minister Dharam Singh Saini, and three other BJP MLAs - Vinay Shakya, Mukesh Verma and Bala Awasthi - also left the party.

All three ministers who have quit are key OBC (Other Backward Class) leaders, claiming that the interests of the community are being neglected.

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News Network
January 13,2022

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Lucknow, Jan 13: Uttar Pradesh minister Dharam Singh Saini on Thursday resigned from the BJP, becoming the ninth MLA to break off ties with the saffron party just days ahead of the state assembly polls.

Earlier in the day, Dharam Singh Saini returned the security cover and residence allotted to him by the state government, which set off speculation that he was going to quit the BJP.

Dharam Singh Saini is the Minister of State (Independent Charge), Ayush, Food Security and Drug Administration.

The BJP’s Uttar Pradesh unit has witnessed a string of defections over the last few days, starting with cabinet minister Swami Prasad Maurya. At the time, Maurya had said that many more legislators would follow suit.

He said he was resigning due to "gross neglect" towards Dalits, backwards, farmers, unemployed youth and small traders. Over the following days, several other BJP MLAs Brajesh Prajapati, Roshan Lal Varma, Bhagwati Sagar, Mukesh Verma, Vinay Shakya among others, quit the party.

OBC leader Dara Singh Chauhan resigned on Wednesday from the Yogi Adityanath cabinet and appeared to be headed towards the Samajwadi Party. Chauhan said he had worked with dedication for the past five year but Dalits, the OBCs and the unemployed did not get justice from the BJP government.

Dharam Singh Saini is said to be a close aide of Maurya.

Earlier, Suheldev Bharatiya Samaj Party (SBSP) chief Om Prakash Rajbhar claimed that one to two ministers would quit the Yogi Adityanath Cabinet daily and this figure would go up to 18 by January 20. Rajbhar has struck an alliance with the Samajwadi Party for the 2022 assembly elections.

The Uttar Pradesh Assembly elections will be held in seven phases. Polling will be held from February 10 and the counting of votes will take place on March 10. 

Earlier, Shikohabad MLA and backward caste leader Dr Mukesh Verma has resigned from the party. "Swami Prasad Maurya is our leader. We will support whatever decision he takes. Many other leaders will join us in the coming days," Verma said.

In his letter addressed to the state BJP president, Varma alleged that the Yogi Adityanath government, in the past five years, has failed to address the problems of weaker sections, youth, farmers, Dalits and OBCs.

He said small traders and businessmen had suffered in the regime.

OBC leader Dara Singh Chauhan resigned Wednesday from the Yogi Adityanath cabinet and appeared to be headed towards the Samajwadi Party.

A day earlier, as BJP leaders brainstormed in Delhi on the UP assembly polls, Swami Prasad Maurya, also a prominent Other Backward Class leader, had quit the state cabinet.

Three other BJP MLAs announced their resignation from the party, seemingly in Maurya's support.

Yet another BJP MLA, Avtar Singh Bhadana, quit the party on Wednesday and is joining the Rashtriya Lok Dal, an SP ally.

But two Uttar Pradesh MLAs – Naresh Saini from the Congress and Hari Om Yadav from the SP – joined the BJP on Wednesday, a welcome development for the ruling party as it deals with the sudden defections from its ranks.

Maurya, Dara Singh Chauhan, (both ministers), Roshan Lal Varma, Brijendra Prajapati, Bhagwati Sharan Sagar, Vinay Shakya and Avatar Singh Bhadana resigned in past two days.

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News Network
January 21,2022

Bengaluru, Jan 21: Karnataka government, on Friday, decided to revoke the weekend curfew that the state government had imposed due to a surge in Covid-19 cases.

"This is subject to the condition that if the rate of hospitalisation goes up from the current 5%, we will impose weekend curfew again," said Revenue Minister R Ashoka.

However, night curfew will remain across the state. More details to follow. 

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