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The Latest Breaking News from Accenture

Supermarket giant raked over coals for shedding jobs

A supermarket giant is under fire for sending hundreds of jobs offshore in an effort to cut costs and boost its digital offering.

JPMorgan Chase, Accenture and others are teaming up on a new venture to standardize how AI token use is measured

JPMorgan Chase, Accenture and others are teaming up on a new venture to standardize how AI token use is measured

J.R. Storment, executive director of the Tokenomics Foundation, explains what finance chiefs should ask their tech counterparts before setting a budget for AI tokens.

The $300k logo, the $84k pool contract, and KPMG's review tab

A look at little known taxpayer spending you may have missed.

The Canberra Times

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How AI Is transforming SaaS pricing and shifting enterprise spending to labor budgets

AI is transforming SaaS pricing from charging for software access to charging for work completed. As AI agents automate enterprise tasks, vendors can compete for labor budgets rather than software budgets. This article explores hybrid pricing models, outcome-based monetization, and which companies are best positioned to capture pricing power in…

The Economic Times

CFOs are hitting a 'cost wall' on AI

Accenture’s Chief AI and Data Officer Lan Guan warns that tokens are becoming AI’s hidden cost driver.

Accenture Earnings Preview: What to Expect

Accenture will release its fourth-quarter earnings soon, and analysts anticipate a single-digit bottom-line growth.

As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald's say opportunity is still there—if you have the right mindset

From Nvidia CEO Jensen Huang to Amazon boss Andy Jassy, Fortune 500 leaders have shared their advice for workers to thrive in today’s shaky job market.

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Accenture, AI and the danger of believing the headlines

Accenture, AI and the danger of believing the headlines

Flawed press narratives oversimplify AI impact and misrepresent Accenture’s business model.

Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks

Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks

Dollar Tree, Morgan Stanley, and Accenture recently announced $2.5 billion, $20 billion, and $2 billion buyback plans, respectively, totaling $24.5 billion amid a record year for S&P 500 repurchases.

Accenture tweaks salary hike to cover more employees; splits payout between basic and lump-sum

Accenture tweaks salary hike to cover more employees; splits payout between basic and lump-sum

Accenture is now splitting salary increases equally between base pay and lump-sum payments. This approach aims to reward more employees while managing payroll costs effectively. Talent leads will determine the overall percentage increase for eligible staff members. Promotions will continue to receive increases solely through base pay adjustments.

The Economic Times

Accenture confirms breach after hacker steals 35GB of source code and other data

Accenture confirms breach after hacker steals 35GB of source code and other data

A threat actor called 888 claims to have stolen 35GB of secrets and other files from Accenture.

120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be next

120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be next

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech…

The Economic Times

Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?

Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?

Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and AI's impact on IT services. The company, already down substantially from its peak, faces headwinds from North American market slowdowns and the disruptive potential of generative AI.…

The Economic Times

Macros, AI, geopolitical overhang to drag Q1 showing of IT cos: Motilal Oswal

Macros, AI, geopolitical overhang to drag Q1 showing of IT cos: Motilal Oswal

Indian IT firms are bracing for a subdued first quarter of FY27, with global economic headwinds, AI's impact, and geopolitical tensions dampening client spending and decision-making. Analysts anticipate some companies may revise their annual revenue growth targets downwards. KPIT Technologies has already flagged a potential dip in its Q1 performance,…

The Economic Times

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New study claims just 2% of schools in England have AI strategies — despite it being 'already embedded in day-to-day teaching and learning'

Although AI is widely used in English schools, only 2% have formal strategies, leaving most struggling to grow adoption safely.

The Economic Times

Cyber talent gap widens as demand for hybrid skills outpaces supply

"Modern cybersecurity sits at the intersection of digital platforms, AI deployment, regulatory accountability, operational resilience and customer trust.

The Guardian - UK

British American Tobacco to slash 9,000 jobs as it turns to AI

Dunhill maker to cut about a fifth of workforce, aiming to reduce costs and become more ‘technology enabled’

The Economic Times

AI levels the playing field as IT giants target mid-market game

With the disruption that artificial intelligence has brought, mid-market companies have now accelerated tech spending, creating scalable opportunities. The focus on the mid-market is also a result of a slowdown in deals in the traditional strongholds of America, as well as key sectors like banking, due to economic uncertainty and…

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‘This is the least crazy AI is ever going to get’: The lessons Europe’s execs must take from Anthropic’s shutdown

The challenge for Europe’s senior executives is that access to the world’s best AI may come at the cost of strategic autonomy, and they need to decide whether that tradeoff is worth it.

The Economic Times

Why is market falling today? Weak global cues among 5 key triggers behind Rs 6 lakh crore D-St rout

Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This decline was fueled by a sharp sell-off in South Korea's Kospi index, renewed fears of US Federal Reserve rate hikes due to rising oil prices, and a resumption of selling pressure…

Following Disappointing Accenture Earnings, Here's What Barchart Data Says Comes Next for ACN Stock

Accenture stock sank on Q3 revenue miss and disappointing future guidance. But the options market cautions against buying the post-earnings dip in ACN shares.

TurboTax-Maker Intuit Leads 3 Cheap Tech Stocks That Pay You to Wait on the AI Boom

Three dividend-paying tech stocks, Accenture, Intuit, and Jack Henry, offer value, income, and AI-linked growth potential amid low RSI levels.

The Economic Times

Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?

IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.

The Economic Times

India's IT sector facing a growth crisis; Daljeet Kohli says he's already walked away

India's IT sector faces uncertainty as global slowdown and AI fears spook investors. Market expert Daljeet Kohli advises caution, citing a lack of growth and difficulty in identifying future winners. Meanwhile, Reliance Jio's IPO is seen as a strategic move to unlock value and offer a focused bet on India's…

The Economic Times

Jio revs up IPO engine; Accenture shock sinks IT

Jio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.

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