- Culture
- 31 Jul 23
IT consultant Accenture set to cut 890 Irish jobs as part of plan to streamline operations.
The IT consulting firm Accenture has announced it will be laying off 890 Irish workers as part of a streamlining of operations. The company had previously announced in March it would cut 400 jobs, but maintain its headquarters in Ireland.
The company moved its headquarters from Bermuda to Ireland in 2009, where it employed until recently 6,500 Irish workers. The cuts are part of a broader restructuring in the company, including an overall cut of 2.5% of the global current workforce.
This most recent round of redundancies comes after many tech giants like Meta, Spotify and Twitter have sought to cut costs by cutting jobs. Ireland is particularly vulnerable to job loss in the big tech sector, as it has become a hub for tech headquarters in recent years.
As these same companies now look to cut costs and increase revenue across the board, the Irish workers they hired are now in precarious positions.
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A spokesperson said in a statement the business continued to have "strong performance," and that the company "remain[s] firmly committed to our business in Ireland and will continue managing for the long term."
The frozen food company Iceland and the Tara Mine in County Meath have also placed hundreds of Irish workers on redundancy, leading to backlash from employees.