The global consulting and technology firm, which is headquartered in Dublin, had initially planned to roll out promotions in December 2024. But the move was pushed to June 2025 as the company faced weaker demand and uncertain business conditions.
INDIA TO SEE HIGHEST NUMBER
Out of the 50,000 promotions, about 15,000 will take place in India. This makes India the country with the highest number of staff being promoted this time. According to the internal memo seen by Bloomberg, the company will also promote 11,000 employees across the Europe, Middle East and Africa region, and another 10,000 across the Americas.
Accenture currently employs about 801,000 people around the world, as per its latest earnings report. That means about 6% of the company’s global workforce will be promoted this June.
The company’s decision to delay promotions was part of a broader plan to manage costs during a time of falling demand. Like other large consulting firms such as McKinsey and Ernst & Young, Accenture hired heavily during the pandemic when demand for digital services was high. However, in recent times, business has slowed, forcing the company to take cost-cutting steps.
In 2023, Accenture reduced its workforce by around 19,000 employees to adjust to lower client spending. Other firms have also made similar decisions. Bloomberg earlier reported that Deloitte is also planning job cuts in its government consulting team.
