AUSTIN, Texas — A global tech company plans to lay off hundreds of employees in Austin.
According to the Texas Workforce Commission, Accenture has plans to lay off 549 employees in June. Accenture currently employs around 4,500 people in Austin, according to the Austin Chamber of Commerce.
Accenture sent KVUE a statement saying, "From time to time, we adjust our workforce on ongoing projects to meet the needs of our clients. We are fully committed to supporting our people through this transition."
The company has more than 700,000 employees worldwide.
The layoffs will affect workers at a facility in The Domain leased by Meta, the parent company of Facebook, according to the Austin Business Journal (ABJ). The Ireland-based professional services group often works with Facebook on content moderation.
Layoffs are expected to take place between June 27 and Sept. 8, according to the WARN letter. Employees will have at least a 60-day notice before being laid off.
According to CNN, Accenture plans to cut 2.5% of its workforce over the next year-and-a-half, amounting to $1.2 billion in severance costs.
Meta is not planning to sublease the facility at The Domain, the ABJ reported.
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