A story published by Business World Online mentions Accenture’s new round of lay offs that cuts down the workforce at the Manila office by half.
However, the actual number is just 500 and I don’t think that represents 50% of employees in Accenture Manila. More like 3%.
US-BASED outsourcing firm Accenture is laying off almost half its work force in Manila due to the effects of the global financial crisis, the Labor department said yesterday. Accenture Philippines has filed a notice of retrenchment for about 500 workers at its facilities in Manila, Labor Undersecretary Rosalinda Baldoz said. Accenture, which engages in business process outsourcing, including call centers, had about a thousand workers in Manila and in March 2008, it opened an office in Cebu City that employs about 500. Call centers and other outsourced business processes have become a major industry in the Philippines. Industry leaders had predicted that the sector would not be affected by the global turmoil as companies in developed countries outsource more of their functions abroad to save money during the crisis. “” AFP
Accenture employs around 16,000 in the Philippines which includes an office handling their call center in Cebu City. They have a total of about 9 offices around the country, most of which are located in Metro Manila.