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IT Industry recession 2024 can be prolonged because in the Accenture Q2 Results Update, it has been shared that Accenture is lowering their revenue targets. In this video, I cover what the Accenture results update or Accenture quarterly results mean for the future of IT industry in India. Companies like TCS WIpro Infosys will also have to face the heat if the overall revenues for the entire IT sector go down. In recent times the IT sector news or the latest IT industry news has not been very positive owing to the fact that the TCS shares, Infosys shares, and Wipro shares have witnessed a regular drop in value recently.

Accenture results 2024 can exacerbate or so to say amplify the negative impact of the negative IT industry current situation. We have often heard that IT Industry after 40 is a difficult field to grow in. However, I would say that in the coming years, it can become difficult for youngsters to secure good pay in the IT industry if the current IT industry trends continue. The future of IT industry in India is riddled with the IT industry recession 2024. Because of this, we can assume that IT jobs are going to reduce or even become difficult to keep for the current IT employees in TCS Infosys Wipro. TCS employees, Wipro employees, and Infosys employees should look out for the larger trends in the IT industry to understand latest IT industry news.

Even tough the IT Industry current situation looks bad, there are a few things that IT employees in TCS Infosys and Wipro can do. I have shared what IT employees can do to make sure that they minimize the negative impact of these IT industry trends on their careers and even get a secure career in the future of IT industry. IT sector news today might not be what you expect, however business cycles do lead to better growth with time and AI disruption can also be tackled if you focus on upskilling and ensuring that you are well prepared for the future.

IT industry new threats are always coming to be around the corner, but you should focus on how you can grow in your career as an IT employee without having to worry about the IT layoffs and other negative news that has been around for some time now. IT layoffs such as TCS layoffs, Infosys layoffs, Wipro layoffs, and even Accenture layoffs have made a lot of IT employees sceptical about the future of IT industry in India. But the reality is that if you focus on your career and keep an eye on the changes in IT industry, you should be able to fare well through these tough times as well. Hope you find this video valuable, see you in the next one!

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About Me

I publish meaningful and valuable content on this channel. My aim is to make business news more accessible and easy to grasp. If you find my videos informative and insightful then make sure to subscribe and leave a comment. I’ll see you in the next video

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Chapters

0:00 - Intro
0:36 - Accenture Quarterly Results
3:00 - Reasons for poor performance
7:25 - Outro