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> Accenture now expects annual revenue growth to be between 8% and 10% compared to the previous projection of 8% to 11% increase. Wait, so their projections st
by spamizbad 4y ago
> Accenture now expects annual revenue growth to be between 8% and 10% compared to the previous projection of 8% to 11% increase.
Wait, so their projections stayed almost the same? Just 1 point less off the top end?
- mikedg1 4y agoYou'd think that cutting employees would affect annual growth in that case.
- swarnie 4y agoAt a company like this i doubt it. I've got a few buddies working in huge consulting firms, they can spend weeks or months on the bench waiting for an appropriate projects to come up.
- ulysses1244 4y agoLack of employees is almost never the limiting factor at these firms. It’s always the amount of work available
- antr 4y ago1% change in revenue can result in a material deviation in net income and cash flow
- aaomidi 4y agoRevenue growth my dude
- rullelito 4y ago1% lowered revenue growth means 1% lowered totak revenue, dude.
- gtirloni 4y ago1% lowered EXPECTED revenue GROWTH, dude. So someone calculated this wrong or had unrealistic expectations and the employees will pay for it.
- aaomidi 4y ago…1% less than what they thought. Not 1% less than any actual revenue theyve had.
- OJFord 4y agoIt doesn't materially affect your point, but '1 [percentage point] lower revenue growth' means slightly-less-than-1% lower (as in lowered by slightly less than 1%) total revenue. 1% lowered revenue growth (which I know isn't what you meant) would mean slightly-less-than-0.01% lower total revenue.