Accenture’s results suggest Indian IT’s Q1 will remain grim

Haripriya Suresh • June 23, 2023 / 12:19 IST

The company’s outlook reflects a challenging demand environment, with weakness in the communications, media and technology (CMT) and financial services verticals.

Accenture's headcount also fell by 6k sequentially and is not expected to pick up, implying limited revenue visibility in the near term.

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