Global consulting giant Accenture has laid off more than 11,000 employees across the globe in the past three months. The company revealed that the rapid adoption of AI and slowing corporate demand are the reason behind the layoffs. Accenture has also confirmed that the job cuts are part of an $865 million restructuring programme, warning that more exits are likely in the coming months. Accenture CEO Julie Sweet told analysts that the company is “exiting people on a compressed timeline where reskilling is not a viable path for the skills we need.” She further added that the company will quickly align its workforce with client demand for AI-driven solutions. This means that Accenture may will have let go off some more employees who cannot be retained at that time. At the end of Aug

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