Accenture is laying off 11 thousand employees as part of an AI transformation!
Machine translation from the original post. Not reviewed by a human translator. Historical claims may no longer be current.
Accenture is laying off 11 thousand employees as part of an AI transformation!
Accenture cut more than 11 thousand jobs in the past three months as part of an AI-focused reorganization, and made clear that employees who fail to reskill will have to leave.
At the same time the company reported revenue of $69.7 billion and GenAI services of $5.1 billion.
The layoffs also show up financially, with costs of about $615 million in the last quarter and another approximately $250 million expected next quarter. In total it is a comprehensive program of about $865 million intended for reskilling, write-offs and employee exits.
It sounds alarming, but you have to understand the size of the company, most of whose employees are in India: the total number of employees fell from 791 thousand to 779 thousand, but alongside that the company notes that more than 77 thousand employees have already been reskilled as AI and data specialists.
This is part of a broad investment in internal training aimed at ensuring a workforce suited to the new era.
The latest reports recorded 7 percent revenue growth and 6 percent net profit growth, which indicates that the transformation does not harm growth ability in the short term.
Accenture is a global consulting and management company headquartered in Dublin, Ireland. It operates in more than 120 countries, providing diverse services in strategy, technology, management consulting, digital services and outsourcing.
In recent years it has established itself as one of the largest companies in the world in leading digital transformations for clients in finance, health, industry and technology.
The current case illustrates how large international companies are not content with adopting new technology, but carry out a fundamental change in the structure of the workforce in order to align with a business reality dictated by artificial intelligence.
