Accenture delays staff promotions amid industry slump and economic uncertainties.

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|Times of India|8 months ago

Accenture Plc delays staff promotions by six months due to economic uncertainties, decreased client spending, and a broader downturn in the consulting industry. No increments for employees in India and Sri Lanka for FY2023. Other consulting firms like McKinsey & Co., Ernst & Young, and PricewaterhouseCoopers are also facing similar challenges.

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