All Not Well at Accenture?

Accenture, the consulting firm many clients love to hate, has just issued a press release.

In a statement that could only have been crated by an Accenture consultant, their CEO said, “As part of our drive to deliver high performance — both for Accenture and for our clients — and the implementation of our comprehensive human capital strategy, which defines our global talent and leadership models, we are acting boldly to better position Accenture for both short-term economic improvement and for long-term growth and profitability.”

Translation: They’ll be laying off seven percent of its senior-executive ranks and closing some offices.