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BENGALURU: Accenture reported revenues of $18.7 billion for the first quarter (Sept-Nov) of the 2026 financial year, marking a 6% increase in dollar terms and 5% growth in local currency. The performance came in at the top end of the company’s guided range of $18.1-18.7 billion, which had implied 1-5% growth in local currency.The performance…
European Union reaffirms commitment to human rights America seems to be staring at another rocky relationship with the European Union. In a social media post, US officials slammed the European Union for discriminating against American technology companies and threatened to penalize European tech companies in return. The post comes from the Office of the United…
Karthik Narain (File photo; credit: LinkedIn) Google Cloud appointed Karthik Narain as its chief product & business officer. Narain will oversee product and engineering teams across cloud, developer, data, and Applied AI, as well as the go-to-market organization, while working closely with Google Public Sector.“After more than 25 years in the tech consulting industry, I…
Accenture is cutting thousands of employees it cannot retrain for artificial intelligence work while simultaneously planning to grow its overall workforce, executives revealed during the company’s Q4 2025 financial results conference call, last week.“We are exiting on a compressed timeline, people where reskilling, based on our experience, is not a viable path for the skills…
File: H-1B visa (Disclaimer: AI generated) While Silicon Valley erupts over United States’ $100,000 H-1B visa fee, Accenture CEO Julie Sweet has a notably different take: the policy barely registers as a concern for her company. Sweet sees Trump’s $100,000 visa fee as minimal threat to operations, positioning policy shifts as revenue opportunities. Speaking during…
Global consulting giant Accenture has laid off more than 11,000 employees across the globe in the past three months. The company said that it is laying off employees that cannot be trained in AI, as Accenture is working on reshaping its workforce for the AI era. The company confirmed that it has fired more than…
Accenture CEO Julie Sweet downplayed concerns about the Trump administration’s new $100,000 H-1B visa fee, stating the policy change poses minimal threat to the global consulting giant’s operations. “This is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they’re for really specialised experience and…
Global consulting giant Accenture has laid off more than 11,000 employees across the globe in the past three months. The company revealed that the rapid adoption of AI and slowing corporate demand are the reason behind the layoffs. Accenture has also confirmed that the job cuts are part of an $865 million restructuring programme, warning…
BENGALURU: Accenture CEO Julie Sweet said H-1B visas are not a major concern for the company, noting that just 5% of its US workforce is on such visas.“This is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they’re for really specialised experience and skills…
Accenture, the global IT services and consulting firm with a significant Indian workforce, reported a 7 per cent year-on-year increase in revenue to $17.60 billion for the June-August 2025 quarter, reflecting steady client demand and digital transformation projects, the company said on Thursday. The growth included a 2.5 per cent foreign-exchange impact, PTI reported.Julie Sweet,…
