Technology outsourcing and consulting firm Accenture Ltd. (ACN.N) said Thursday it has cut 7 percent of its senior executives and would take charges that will lower its fiscal fourth-quarter profit. The New York-based company also said it is also taking steps to reduce office space as it seeks to drive growth. Accenture said the cost-cutting actions would result in a pre-tax restructuring charge of around $247 million in the fiscal fourth quarter ending Aug. 31. Accenture said it continued to expect net revenues for the fourth quarter in the range of $5 billion to $5.2 billion with operating margins between 13.4 percent to 13.7 percent.
