Blue Chip Black Eye?

September 2, 2020

DarkCyber spotted “Accenture India Staff to Face Brunt of Layoffs.” The write up reports:

Technology major Accenture is expected to lay off around 25,000 people or least 5% of its global workforce…

Interesting. The received wisdom in the consulting world of blue-chip firms is that when the economy goes down, consulting revenues go up.

Is this a black eye for Accenture’s sales executives or a signal that “received wisdom” may not work in the Rona Era?

Stephen E Arnold, September 2, 2020

Written by Stephen E. Arnold · Filed Under Consulting, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.

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