Accenture Stock Pops After Layoffs, Earnings

Accenture PLC (NYSE:ACN) is up 7.1% at $271.09 at last glance, after news that the company will cut roughly 2.5% of workforce, or 19,000 jobs. The IT name reported better-than-expected fiscal second-quarter results before the bell this morning, but trimmed its annual revenue forecast. ACN has…

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