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Accenture Lays Off Over 11,000 Employees: Here’s What CEO Julie Sweet Says On Exits


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‘We are exiting on a compressed timeline, people where reskilling, based on our experience, is not a viable path for the skills we need,’ says Accenture CEO Julie Sweet.

Accenture's restructuring reflects a broader shift across the tech sector.

Accenture’s restructuring reflects a broader shift across the tech sector.

Accenture has trimmed over 11,000 jobs globally in the last three months as the consulting major reorganises its workforce for the artificial intelligence era. The company said it is letting go of employees who cannot be reskilled for AI-related roles, even as it looks to expand its overall headcount in the coming financial year.

On an earnings call, CEO Julie Sweet explained that the company is accelerating exits for employees who cannot be retrained with AI capabilities, while simultaneously stepping up hiring in specialised areas. “We are exiting on a compressed timeline, people where reskilling, based on our experience, is not a viable path for the skills we need,” she said.

As of August-end, Accenture’s global workforce stood at 779,000, lower than 791,000 three months earlier. The layoff drive, which began earlier this year, will continue until November 2025 and is expected to save the company more than $1 billion in severance costs.

CFO Angie Park added that Accenture is also divesting two acquisitions as part of what it calls “rapid talent rotation”, with the savings being reinvested in its people and operations.

Push Towards AI

While rationalising traditional roles, Accenture is doubling down on AI. Since 2023, the company has expanded its AI and data talent pool to 77,000 specialists and trained more than 550,000 employees in generative AI. “Advanced AI is becoming a part of everything we do,” Sweet noted, stressing that the company sees AI as “expansionary” rather than “deflationary”.

Despite the ongoing layoffs, Accenture’s June–August quarter revenue for FY25 rose 7% year-on-year to $17.6 billion, ahead of market expectations. Sweet said the results underline Accenture’s ability to deliver as clients increasingly seek guidance on AI-led transformation.

Industry-wide Shift

Accenture’s restructuring reflects a broader shift across the tech sector. Giants such as Meta and Microsoft have also pruned conventional job roles while aggressively hiring for AI-focused positions. The trend points to a clear message for white-collar professionals: keeping pace with AI is no longer optional.

Business Desk

Business Desk

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More

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