Accenture restructures to focus on AI, cuts thousands of jobs
Accenture said it has moved to reshape its business around large-scale, AI-driven transformation work and is carrying out a restructuring that has led to thousands of job cuts and will cost the company hundreds of millions of dollars. Company executives described the moves on and after the September 25 earnings call, saying the changes respond to moderating client demand and a need to align skills and investments with rising demand for generative AI, cloud and data services.
Chief Executive Julie Sweet said the company is "exiting, on a compressed timeline, people where reskilling is not a viable path for the skills we need." Accenture has framed the program as a realignment to prioritize higher-return investments and operational efficiency while continuing to invest in AI capabilities and targeted hiring. The company outlined a restructuring program valued at roughly $865 million and said the effort will include severance and related costs as well as moves to exit noncore parts of the portfolio.
Accounts differ on the exact scale of recent workforce reductions. Executives reported a headcount decline of about 7,000 in the fourth quarter of fiscal 2025, reducing the workforce to...