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Accenture Plc stated on Thursday it will reduce about 19,000 jobs and lowered its annual income and revenue projections, the newest signal that the worsening international financial outlook was sapping company spending on IT companies.
The corporate additionally trimmed its annual income progress and revenue forecasts on Thursday, amid worries that recession-wary enterprises will reduce know-how budgets.
The corporate now expects annual income progress to be within the vary of 8% to 10% in native forex, in comparison with 8% to 11% anticipated beforehand.
(Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)
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