Accenture announced plans to cut staff and divest certain acquisitions as it braces for slower growth in FY26, the company revealed during its September 25 earnings call.
“We are exiting, on a compressed timeline, people where re-skilling, based on our experience, is not a viable path for the skills we need," said CEO Julie Sweet.
The company did not disclose the exact number of layoffs. The move comes even as Accenture continues to invest heavily in generative AI and cloud services, which remain strong demand drivers.
Despite the job cuts, Accenture said it expects continued headcount growth across the US and Europe in FY26. The changes highlight how even top-tier IT services firms are trimming staff amid slowing client demand, despite ongoing interest in AI and cloud projects.
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