People stand near the Accenture company logo at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2023. REUTERS/Nacho Doce
(Reuters) -Accenture Plc lowered its annual revenue and profit forecasts and decided to cut about 2.5% of its workforce, or 19,000 jobs, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
More than half of the jobs to be cut will be in its non-billable corporate functions, Accenture said on Thursday, sending its shares up 6.4%.
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