Cantillon: Just months after saying it needed to cut 400 jobs in Ireland, consulting giant Accenture is now shedding 1,290 workers
Three scenarios come to mind. First, perhaps that “careful review” was less comprehensive and insightful than it needed to be in its assessment of the prospects for the group and its outsourcing clients. Or has it proven less complicated to shed workers in Ireland than in certain other jurisdictions?
Either is preferable to a third possibility – that the company thought it easier to “right-size” the Irish workforce in stages and was less than transparent with its staff on what was required of the team here – but none shows the company in a good light.
The 19,000 jobs Accenture said in March that it was planning to cut amounted to 2.6 per cent of its 738,000 global workforce. Ireland was pencilled in for 400 of those, or about 6 per cent of its local workforce. The 890 further job losses announced on Monday equate to a further 13.7 per cent of the Irish staff, bringing the total losses here to just shy of 20 per cent, or one in five of all the people employed here by Accenture as recently as March.
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