Mass layoffs - ET Edge Insights

Ironic, Deloitte enlists AI to keep humans employed

AI boosts Deloitte’s 3x workforce growth This year, major consulting firms are in a tricky spot—they’re letting go of many employees even though they hired lots of new college graduates to meet increasing demands. Deloitte LLP, one of these firms, …

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Accenture to lay off 19,000 employees over the next 18 months

People And Organizations

As huge layoffs at leading tech businesses continue worldwide, IT services provider Accenture Plc on Thursday announced it would eliminate approximately 19000 jobs and decreased its 2017 sales and profit expectations, as per fresh reports. The company stated, “streamlining operations …

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Amazon to fire 9000 employees in second round of layoffs

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Amazon to fire 9000 employees in second round of layoffs

Tech companies sack over 68,000 employees in January: Report

People And Organizations

According to reports, most business economists anticipate that organisations around the world will cut payrolls and downsize in the coming months.