Accenture to lay off 7% senior staffers in the US

SOURCE: EconomicTimes
DATE: August 22nd, 2009

Accenture continues to trim their bottomline and manage cost in times when consulting revenues growth seems flat. Firms which have cost to trim continue to do that assuming the worst. Accenture is looking to trim their real estate and consolidate offices and reduce their senior staffer. 

So when people talk about economic recovery that still seems distant given that the job market continues to be shut down and corporate profitability is there due to companies working hard on pruning their bottom line.  A number of good qualified people still are facing a reducing work opportunity market place.

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