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1h ago

Accenture Launches Six-Month, $865 Million AI Overhaul With Swift Exits for Roles That Can’t Be Reskilled

The consulting giant is retooling its workforce for generative AI with rapid exits where reskilling fails, with more than $1 billion in expected savings earmarked for reinvestment.

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.
Accenture Layoffs

Overview

  • The six-month business-optimization program carries up to $865 million in charges and includes two divestitures to refocus the portfolio.
  • Accenture recorded $615 million in June–August charges, including $344 million in severance, and expects roughly $250 million more this quarter.
  • CEO Julie Sweet said employees who cannot be reskilled for needed AI capabilities will exit on a compressed timeline, with CFO Angie Park calling it a strategic skills mismatch rather than a utilization issue.
  • The company reports 550,000 employees trained in generative AI fundamentals and 77,000 AI and data professionals, and it still expects overall headcount growth in 2026.
  • Management targets savings of over $1 billion for reinvestment; reported global headcount is about 779,000, with some outlets citing roughly 11,000 quarterly job exits as external reports.