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3h ago

Accenture Launches $865 Million AI Overhaul, Will Exit Staff Who Can’t Be Reskilled

The six-month program redirects savings toward AI skills, with two divestitures planned.

Having the confidence to say “yes” to a stretch role can open doors you never expected to be unlocked, just like Accenture CEO Julie Sweet.

Overview

  • The company booked $615 million in charges in the June–August quarter, including $344 million for severance, and expects about $250 million more next quarter.
  • CEO Julie Sweet said exits will occur on a compressed timeline as Accenture rebalances skills to meet AI demand.
  • Accenture projects more than $1 billion in savings to reinvest in the business and talent, while targeting overall headcount growth in 2026.
  • The firm reports 77,000 AI and data professionals and says about 550,000 employees have completed generative AI fundamentals training.
  • Headcount stood at 779,000 as of Aug. 31 and the plan includes two divestitures and a proposed Visakhapatnam campus expected to add roughly 12,000 jobs in India over time.