Hello Accenture people, After the job cuts clear out on the 1st of Dec whats the feeling that there will be another round of redundancies later this year? Am regretting not takin VR...

I share your sentiments exactly.Hoping there will be another round but unfortunately I am in one of the areas targeted last time round so feel it will be unlikely they will have another round in these areas.Failing that I may underperform and try and get managed out assuming the package is the same.

Stop panicking

Hi Word is there will be more redundancies and these may be in the ACG - new start groups coming in and 130 on the bench at the moment.

I think its a dead cert, and the sooner they do it, the less money they'll bleed.But the trouble is, they can't keep chipping away a little bit at a time every 3 months for the next year. This would be very disruptive and bad for morale, and expensive operationally and difficult for HR to manage. Same goes for doing it piece-meal in each OG individually. Instead, they will want to do it in a single go as decisively as possible. Interesting question will be whether the package offered will be the same as last time. Not sure if employment law says anything about this - I suspect not. PS. Redundancies were also announced in the US just before Christmas.

Does anyone know what folks got paid if any as compulsory redundancy package at consultant in consulting or Level C in services if you had just about 10 months of service in ACN

Just read on another forum that a second round of redundancies has been "confirmed" for March. This time its 15% in SI&T. It is suggested that a similar approach to what's been conducted in December will be followed with the exception that VR will be capped at a maximum of 5%. Redundancy packages are still to be confirmed, but it's said to be less generous for CR than it was in the last round. What will be interesting to see is whether they offer sabaticals/flexi-leave on reduced pay.It follows the current cut in the US practice of 10% which started last week.

Interesting, I had my money on June but I guess the bench situation is dire enough already. Anyone else got any info on if/when the next chop is?