New Delhi: Global IT consulting firm Accenture has laid off more than 11,000 employees over the past three months and has warned of further job cuts, citing the accelerating impact of artificial intelligence (AI) on its operations.
The Dublin-based firm unveiled details of an $865 million (around Rs 7,669 crore) restructuring programme, warning analysts that if staff cannot be retrained fast enough, further reductions will be inevitable, as reported by India Today on Sunday.
The company’s leadership, led by chief executive Julie Sweet, has reportedly made it clear that reskilling remains the preferred option, but not all employees will make the cut.
“We are moving on a compressed timeline,” Sweet told investors on a call. “Where reskilling simply isn’t a viable path, we are making the d