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Accenture forecast current-quarter revenue in the range of $15.75 billion to $16.35 billion. Analysts on average expect revenue of $16.35 billion, according to Refinitiv data.
Of the 19,000 employees it will lay off, Accenture said over half will be in non-billable corporate functions. With around 40% of Accenture's talent pool based in India, the Indian operations is expected to feel the pain.