Accenture to Curb Hiring, Stall Some Promotions to Cut Costs

Julie SweetPhotographer: Simon Dawson/Bloomberg
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Accenture Plc, one of the world’s largest consulting firms, will curb hiring and halt some promotions in the midst of the coronavirus pandemic.

New hiring will focus on the replacement of subcontractors, Chief Executive Officer Julie Sweet said Thursday on an earnings call. Start dates for some new employees have also been pushed back.