Global IT giant Accenture has laid off 11,000 employees over the past three months as part of a sweeping restructuring programme centred on artificial intelligence (AI).

The company said it is letting go of workers who cannot be retrained with AI-related skills, while simultaneously planning to expand its workforce in other areas over the coming year, according to a report by Business Insider.

Accenture CEO Julie Sweet described “upskilling” as the company’s top priority.

“Every new wave of technology requires retraining and retooling. Accenture’s core competency is doing that at scale,” she said. “But we are exiting on a compressed timeline in areas where reskilling is not viable for the skills we need.”

The company has already generated $2.6 billion in AI consulting revenue over the

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