Accenture, an outsourcing firm in the Philippines, is laying off approximately 3 percent or approximately 500 of its workforce here in the Philippines. The company said that this is being done in line with their "redundancy” program. The program is being implemented "to balance the skills of its workforce against the demand from its clients", according to Accenture.
The outsourcing firm has been operating in the Philippines for more than 20 years already and for the last few years, it had ramped up its workforce due to the outsourcing boom.
The Philippines has the third-largest headcount in Accenture's global network, next to the US and India.
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