Ireland based tech giant Accenture, which employs over 750,000 people across 120 countries, is reportedly delaying the majority of its employees' promotions by six months.
Last week, the company informed employees that most promotions will be announced in June 2025 instead of December 2024 timeframe, Bloomberg reported, citing sources.
In October 2023 Accenture announced that it would not be providing salary increases to its employees in India and Sri Lanka in 2023, except where legally required or where commitments were made in critical skill areas.
The company employs over 300,000 people in India.
* Education And Career Pundit
