Global consulting firm Accenture has reduced its workforce by more than 11,000 employees in the past three months as part of a strategic push toward artificial intelligence and operational efficiencies, according to recent disclosures. The layoffs, which bring the company's headcount down to approximately 779,000 from 791,000 at the end of the prior quarter, are tied to an $865 million restructuring program aimed at aligning talent with emerging AI demands.
The cuts, which began earlier this year and are expected to continue through November, reflect a "compressed timeline" for exiting employees where reskilling is not deemed viable for the skills required in an AI-centric future, CEO Julie Sweet explained during the company's earnings call. "We are exiting on a compressed timeline, peopl