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(Bermuda based) Accenture laying off some 336 executives

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 07:03 PM
Original message
(Bermuda based) Accenture laying off some 336 executives
Source: Associated Press

NEW YORK — Business consultant and outsourcing company Accenture says it will cut some 336 senior-level executive positions as part of a broad-based restructuring effort.

The layoffs total about 7 percent of Accenture Ltd.'s 4,800 senior executives.

The Bermuda-based company says it also aims to reduce "excess real estate capacity."

Read more: http://www.google.com/hostednews/ap/article/ALeqM5gOAavl_WLKncyXor3BrS3lsHOC2wD9A6R8V01
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Fridays Child Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 07:05 PM
Response to Original message
1. What company needs 4,800 SENIOR executives, in the first place?
That's just nuts.
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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 09:52 PM
Response to Reply #1
11. They have 177,000 full time emplyees
Plus some number of part timers, contractors, non-affiliates, etc.
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 07:09 PM
Response to Original message
2. Are they linked to Global Information Group Ltd, Ben H. Bell's info gathering company?
Bahamas Firm Screens Personal Data To Assess Risk
Operation Avoids U.S. Privacy Rules

By Robert O'Harrow Jr.
Washington Post Staff Writer
Saturday, October 16, 2004; Page A01
http://www.washingtonpost.com/wp-dyn/articles/A36853-2004Oct15.html

Offshoring info gathering on US citizens for fun and profit.
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Crowman1979 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 07:11 PM
Response to Original message
3. Cry me a river!
Those poor hard working executives are losing their jobs. :sarcasm: :nopity:
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 07:13 PM
Response to Original message
4. Reduce excess real estate capacity? Their fucking HQ is a PO box!
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 07:18 PM
Response to Original message
5. Ever come to the conclusion that these senior-level executives have no more
talent than the janitor other than a better haircut, probably taller & better looking?
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conspirator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-21-09 04:52 AM
Response to Reply #5
17. To be the task master you don't need any talent. Just be good with the whip
and intimidate the slaves.
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conspirator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-21-09 04:52 AM
Response to Reply #5
18. delete
Edited on Fri Aug-21-09 04:53 AM by conspirator
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 08:00 PM
Response to Original message
6. They have massive call centers in Asia and have outsourced hundreds of thousands of American jobs.
All while tax dodging from a mailbox in the Caribbean.

Accenture spun off from Arthur Andersen. That should tell you plenty there.
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create.peace Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 08:21 PM
Response to Original message
7. fascinatin' just fascinatin'....this from fortune
http://mutualfundsmag.us/magazines/fortune/bestcompanies/2009/snapshots/97.html
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 08:27 PM
Response to Original message
8. Bermuda is a lovely place to live "only for those who have jobs". By reducing
real estate capacity do they mean they are selling their little pink and blue homes and booking it to another Country to hide?
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jxnmsdemguy65 Donating Member (481 posts) Send PM | Profile | Ignore Thu Aug-20-09 08:33 PM
Response to Reply #8
9. Screw 'em
hope they all become financially ruined and have to pull their kids out of private schools
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NNadir Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 08:37 PM
Response to Original message
10. I love irony.
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kickysnana Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 11:07 PM
Response to Original message
12. Thats a good start. n/t
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InfiniteThoughts Donating Member (322 posts) Send PM | Profile | Ignore Fri Aug-21-09 12:38 AM
Response to Original message
13. i don't like this ...
sorry for interrupting the party .. but these are high paying US jobs. These are the kind of jobs that US wants to retain. While i want to see blue collar jobs increase, that doesn't mean that this kind of news is welcome.

Sorry, but that's just me!
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and-justice-for-all Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-21-09 12:53 AM
Response to Reply #13
14. I am sure they invested well...nt
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2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-21-09 01:24 AM
Response to Original message
15. old arthur anderson - given many contracts from government while
not paying taxes
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PurgedVoter Donating Member (753 posts) Send PM | Profile | Ignore Fri Aug-21-09 04:15 AM
Response to Original message
16. Accenture Claims no relation to the Enron Scandals
They entered agreements with major plaintiffs in the Enron Cases to be sure that they could claim that. Mmmmmm
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floridablue Donating Member (996 posts) Send PM | Profile | Ignore Fri Aug-21-09 07:32 AM
Response to Original message
19. Jebbie Shr*ubs favorite outsourcing company for Florida State jobs.
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