Accenture is cutting US staff, and top execs just warned of more pain to come as the consulting giant promotes fewer people and looks to control costs

Accenture, one of the largest consulting firms, cut full-time workers earlier this month and said it could cull more low performers.

June 26, 2020   |   View Online »

Accenture is cutting US staff, and top execs just warned of more pain to come as the consulting giant promotes fewer people and looks to control costs Meghan Morris | Accenture, one of the largest consulting firms, cut full-time workers earlier this month and said it could cull more low performers. Read More »

Marc Andreessen wrote his famous 'Build' essay in one night 'fueled by rage' over PPE shortages. He wants entrepreneurs to tackle education and housing next Megan Hernbroth | In a conversation with angel investor Sriram Krishnan, Andreessen called three troubled industries the "holy trinity of our modern dilemma." Read More »

Salesforce just added chat and video collaboration into its tools, in what one analyst calls a crucial step to compete against Microsoft Paayal Zaveri | Salesforce's new app embeds chat and collaboration directly within its customer focused tools and allows users to access it on their phones. Read More »

Renowned VC Marc Andreessen says he gets no emotional rush when he wins big on an investment, and that keeps him from making irrational bets. 'I actually don't have the gambling gene' Megan Hernbroth | Although Marc Andreessen said he doesn't feel a dopamine rush when he gambles, he sometimes approaches VC like a professional poker player. Read More »

A 27-year-old hailed by Amazon as one of the best small-business owners under 30 shares how he used his engineering background to tackle every entrepreneur's biggest enemy: lack of sleep Dominick Reuter | The entrepreneur and inventor Gregg Yeutter is turning a bad night's sleep into an opportunity in a $52 billion industry. Read More »

130 CIOs surveyed by JPMorgan say that nearly half of their cloud dollars are going to Microsoft, and they expect usage of AWS to drop slightly within the next 3 years Rosalie Chan | Over half the CIOs surveyed by JPMorgan said Microsoft would be the most critical and indispensable vendor to their organizations in the future. Read More »

Amazon engineers built an internal wiki page that suggests alternatives to unconsciously racist terms like 'brown bags,' 'cake walk,' and 'master/slave' Eugene Kim | The movement is the latest example of employee-driven change at Amazon aimed at fostering a more inclusive work environment. Read More »

The biggest US wealth firms won't disclose adviser racial diversity data despite renewing commitments to make their mostly white adviser forces more inclusive Rebecca Ungarino | Wealth industry heavyweights and big US banks have renewed commitments to inclusion, but they won't open up about their advisers' racial diversity. Read More »

DoNotPay, the surging startup that helps you fight parking tickets and break up with your gym, just raised $12 million at a valuation over $80 million Megan Hernbroth | The Series A funding is from existing investors Coatue, Andreessen Horowitz, and Founders Fund. The app is gaining traction during the downturn. Read More »

Microsoft explains why it's expanding its major cybersecurity push beyond Windows and into Android, as it plants its flag in a $10 billion market Jeff Elder | Microsoft rolled out security for employees' Android phones on Tuesday, adding to its growing "zero trust" protection for enterprises. Read More »

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