Accenture Plc's renewed hiring—adding 49,000 staff globally in six months to November—suggests technology services companies expect much better growth in coming months, according to analysts. The Dublin-headquartered company's hiring spree paints a sanguine outlook for home-grown IT services companies that are expected to record better growth in the coming quarters, the analysts said.
Accenture ended November with 799,000 employees, added 24,000 employees in the June-August 2024 period and 25,000 employees in the three months to November. Its new recruits in last six months alone make up about 6% of its overall workforce. Accenture follows a September-August accounting year.
India's $254-billion software services industry reported its slowest revenue growth of 3.3% last year due to macroeconomic uncertainties.
This story is from the December 23, 2024 edition of Mint Hyderabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 23, 2024 edition of Mint Hyderabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How Bhansali Elevates the First Encounter
Love at first sight is an emotionally dense moment, predicting the intensity of the journey that the lovers will chart
The Treasures of Nimrud Pieced Together Again
The UNESCO-listed archaeological site was ravaged by Islamic State fighters
From arrack to wine, a bar crawl across Sri Lanka
Cocktail bars in the island nation are drawing on local traditions and flavours to give a heady twist to familiar spirits
Only human-centred AI can charm humans to adopt it
The AI industry could learn from carmakers how to focus on the consumer and modify perceptions
How Emerging Economies Could Prosper in a Protectionist World
As manufacturing export success gets harder, they should focus on service exports. These are unlikely to face big trade barriers
The Asian Dream is waking up to realities of middle-class life
Asians are realizing that staying middle-class is not guaranteed
Fix India's bond market to lift economic growth
As India's economy slows, we should revive public-private partnerships to attract private investment. But, for debt funding, we'll need to reform and invigorate our market for bonds
Lessons from the 75-year-old National Sample Survey
Its impressive history tells us much about innovation, autonomy and state-level data collection
We should let clarity prevail over nonsense: Here's a handy guide
We must use simple language, empathize with people, not take ourselves too seriously and be kind
Clear Goals and Discipline: How Small Investors Can Build Lasting Wealth
There is no one-size-fits-all, the answer will depend on your needs, personal preferences
