Accenture CEO says DOGE's cost-cutting drive is hitting business, as worry spreads among staff
Accenture is one of 10 major consulting firms whose government contracts are being reviewed as Elon Musk and DOGE look to cut ...
Accenture Confirms Revenue Drop as DOGE Reviews Consulting Contracts
Elon Musk’s offensive against federal spending is clawing back some of the $65 billion in consulting contracts, some of the ...
DOGE Will Keep the Pressure on Accenture Stock, Analysts Say
TD Cowen analyst Bryan Bergin wrote in a note that while the impacts of DOGE on Accenture are still uncertain, they’re a ...
NBC Los Angeles2d
Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% Thursday after the consulting firm said tighter federal spending efforts have begun to ...
Accenture (ACN) Warns of Revenue Hit as Musk’s DOGE Cuts Bite, Analysts Slash Targets
Global consulting firm Accenture (ACN) has warned of major revenue risks due to budget cuts under the Elon Musk-led ...
Accenture stock falls 7% after Elon Musk’s DOGE cancels US contract with consulting giant
CEO Julie Sweet told investors on Thursday that the company was experiencing a notable slowdown in securing new contracts ...
Accenture falls after warning DOGE cost cuts are hurting sales
Accenture Plc shares tumbled after the consultancy said its US government work has slowed amid Elon Musk’s cost-cutting push.
The Financial Express1d
Accenture becomes DOGE’s first corporate victim as shares plunge on contract cut warning
Accenture is one of the first corporate casualties of the Trump administration’s Department of Government Efficiency (DOGE)—a ...
DOGE Cost Cuts Weigh on Accenture's Revenue and Bookings Growth
Accenture (NYSE:ACN) shares fell more than 7% Thursday after CEO Julie Sweet flagged pressure on revenue due to the Trump administration's cost-cutting agenda. Speaking on the company's earnings call, ...
Fearing DOGE cuts, consultants try to woo the man in charge of their federal contracts
Executives at the biggest management consulting firms are trying to shield billions of dollars in federal contracts from cuts ...
Accenture price target lowered to $365 from $394 at TD Cowen
TD Cowen lowered the firm’s price target on Accenture (ACN) to $365 from $394 and keeps a Buy rating on the shares. The firm ...
Big Short Investor Danny Moses Warns Of Economic Risks From Elon Musk's DOGE-Induced Federal Job Cuts
Financial expert Danny Moses warns of negative economic impact from federal job cuts initiated by DOGE and supported by Elon ...