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Accenture says initiated actions to streamline operations in Q2
The Fly

Accenture says initiated actions to streamline operations in Q2

During the second quarter of fiscal 2023, Accenture initiated actions to streamline operations, transform non-billable corporate functions and consolidate office space to reduce costs. The company recorded $244M in business optimization costs during the second quarter and expects to record total costs of approximately $1.5B through fiscal 2024. Accenture estimates $1.2B for severance and $300M for consolidation of office space, with approximately $800M expected in fiscal 2023 and $700M in fiscal 2024.

Published first on TheFly

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