Thursday, January 22, 2009

2009 Job Cuts Watch

2008 brought us a shaking the US economic down turn news, and we have had experienced and witnessed its effects to our lives. It started with the fall of real estate market continuing to the bankruptcy and closure of major financial institutions. These things has not yet ended, and effects are still visible in the first part of 2009- one of those is JOB CUTS. As we open PinoyDigg again, we will be focusing on the local and international companies slashing head counts to survive in this falling company. We will be searching and researching on these institutions to warn and to prepare us from fear of losing our jobs.

If you have information on company closure and job cuts, please send those to pinoydigg@gmail.com. We will keep your identity secret.

2009 Job Cuts: Accenture

Accenture Philippines was in the headlines last year for the rumored sudden laying-off of employees in the midst of the financial institutions bankruptcy news last year. Last January 12, 2009, the company made it again to the news headline as it has reported that the company will be slashing 1500 people in the Philippines. The first batch of 500 workers that undergone what they called the Redundancy Program were informed during the week that they will be leaving the company in the soonest possible time. Those who have been laid-off were offered severance package (at least Php 75,000) for the help they have given to the success company.

According to Accenture, reduction applies only to certain "excess" skill sets within its outsourced technology services unit. Below is a copy of memorandum sent to the employees of Accenture RP:

To:
All Employees in the Accenture Delivery Centers in the Philippines
From:
Beth G. Lui, Country Managing Director and Philippines Lead, DCN
for Technology
Date:
January 15, 2009
Subject:
For your
information - DCN for Technology Redundancy Program

***For
Accenture Internal Use Only***

I wanted to let each of you know
that today we are taking steps to balance the skills in our DCN for Technology
workforce with client demand.

Based on current and projected
demand, DCN for Technology has a workforce imbalance that we have decided to
address through a redundancy program. This program will affect a portion of
unassigned DCN for Technology employees who are on the bench or not deployed on
a project where their time is charged to the client.

This action
will affect a portion of unassigned individuals from our DCN for Technology
organization. We hope to notify every affected employee today through
individual conversations with either a senior executive or senior manager.
All employees whose positions are declared redundant, and who are not able to be
redeployed, will receive a severance package and outplacement support.

If someone you know is affected by the action today, I ask that
you be respectful and supportive. We appreciate their work and the
contribution they have made to Accenture, and wish them well for the
future. I also ask that you remain focused on our most important
priority—serving our clients.

Our business in the
Philippines remains in a strong position overall, provided we manage our
resources in line with current and future client demand. The most important
thing you can do to assist our business is to remain focused on serving our
clients.

If you have questions, you may send an email through feedback.phildcntech@accenture.com and we will respond as soon
as possible.

If you are approached by the media or anyone else with
questions regarding the workforce actions today, please do not respond.
Instead, refer all inquiries to Arnie Alcazar (arnulfo.t.alcazar@accenture.com or +632 8495127) or Louise
Sabariaga (louise.g.sabariaga@accenture.com or +632 8495371) who handle
our media relations.

We will inform you as soon as we complete all
the discussions with the affected employees.

Thank
you.

Beth