Accenture is like playing a real life squid games
PIP is a way of stealth firing/redundancies without facing any legal trouble.
The PIP is just a way to cover layoffs. Depending on financial numbers it may or may not result in being let go. Personally I would never stay with a firm that put me on a pip. Use the time/effort to find a new job inside (if possible to change PL/Manager) or better yet a new role outside the firm.
They think pre-covid and post-2008 Accenture is all there ever was. They only know the good times. When things are good, Accenture treats us good - that one week bonus pay we got during Covid and at the beginning of Covid that $315 we got for home office expenses. Just a couple examples.
But when times aren't good, we're expendable. We're just rows and numbers on a spreadsheet with employee ID attached to em. No names, nothing personal - all business.
A lot of people here only know the good times when it's perceived that Accenture cares about us more than they actually do when really it's simply that Accenture can afford to make us think they care about us.