Accenture layoffs: 11,000 jobs lost amid firm's AI push. More layoffs coming?
&imwidth=600&imheight=450&format=webp&quality=medium "Accenture layoffs: 11,000 jobs lost amid firm's AI push. More layoffs coming?")
CEO of Accenture Julie Sweet speaks during an event. Photograph: (AFP file)
Accenture layoffs: The company is training its employees in artificial intelligence. The firm says it has not “exited” those for whom reskilling wasn't a viable option.
Global tech giant Accenture has reportedly let go of 11,000 employees. The firm said on Thursday that it may have to lay off more employees in the coming months. The layoffs took place amid the company's push to integrate artificial intelligence into its workflow.
Accenture launches restructuring program
The company said in a statement that it has deviseda $865 million restructuring programme because of the expected slump in growth due to sluggish corporate demand.
CEO Julie Sweet said that the company is "exiting" people to get more "skills we need".
“We’re trying to—in a very compressed timeline where we don't have a viable path for skilling—sort of exiting people, so we can get more of the skills we need," she was quoted as saying by Mint.
She said the company is exiting those for whom reskilling isn't a viablepath.
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Accenture had 7,79,000 employees in August, 11000 less than the figure released three months prior.
Thecompany says thelayoffs will continuetill November.
The company is expecting to save a billion dollars after executing its restructuring program.
It is also training its staff in agentic artificial intelligence, reported Bloomberg, adding that they are teaching the basics of the technology to the employees.
In the June-August 2025 quarter, Accenture's revenue rose to $17.60 billion year-on-year.
"I am very pleased with our 7 per cent growth in fiscal 2025, demonstrating our unique ability to deliver for our clients as they seek our help to reinvent and lead with AI," Sweet said.