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Tech consultancy Accenture has set out plans to lay off staff who aren't able to reskill on artificial intelligence amid a broader restructuring strategy which will see the company prioritize AI efforts.
Accenture CEO Julie Sweet said in a call Thursday that as advanced AI becomes "a part of everything we do" and the global professional services company continues to invest significantly in the area, it expects employees to "retrain and retool" at scale.
"We are investing in upskilling our reinventors, which is our primary strategy," Sweet said. She explained that the company is "exiting on a compression timeline" people for whom reskilling isn't a "viable path."
Sweet said Accenture had already reskill