Accenture Plans Major Zurich Campus
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The consulting firm plans to expand its activities in Zurich to house more than 1,000 people. The move is sparked by a pandemic-induced change to working ways.
Accenture will build a more than 9,000-square-meter hub in the heart of Zurich’s banking district, it said in an emailed statement on Tuesday. The new space will house more than 1,000 of its employees.
The move was sparked by a shift in the definition of work as a result of both digitalization and the pandemic. «With the move, we are not only responding to Accenture’s current growth but also the changing needs of our employees,» country head Marco Huwiler said.
Accenture will relocate in phases through 2024. «If the pandemic has shown one thing, it is that the previously valid work culture is undergoing a major transformation»
The consulting firm led a consortium including SIX’s digital exchange, Credit Suisse, and UBS which helped the Swiss and French central banks on a cross-border settlement of digital currencies, or CBDCs, experiment.
Questions & Answers
Q.What is the primary reason behind Accenture's decision to open this new campus in Zurich?
What is the primary reason behind Accenture's decision to open this new campus in Zurich?
The move is a direct response to a pandemic-induced change in working practices and a shift in the definition of work, driven by both digitalization and the pandemic's impact on culture. It also addresses Accenture's current growth.
Q.How large will the new Accenture hub be and how many staff will it accommodate?
How large will the new Accenture hub be and how many staff will it accommodate?
Accenture will build a hub spanning more than 9,000 square metres. This new space in Zurich's banking district is designed to house over 1,000 of its employees.
Q.When does Accenture plan to complete the relocation of its employees to the new Zurich campus?
When does Accenture plan to complete the relocation of its employees to the new Zurich campus?
Accenture plans to relocate its employees to the new campus in phases. The firm expects this process to be completed through 2024, indicating a gradual transition rather than a single move.
Q.What other significant project has Accenture recently been involved with, as mentioned in the article?
What other significant project has Accenture recently been involved with, as mentioned in the article?
Accenture led a consortium that assisted the Swiss and French central banks. This project focused on an experiment concerning the cross-border settlement of digital currencies, also known as CBDCs.
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