Accenture: 11,000+ jobs cut under an $865 million restructuring plan to adapt to AI.
$69.7 billion revenue in FY2024, but growth forecast slowed to 2–5%.
Pune centres to see reskilling focus as AI-skilled roles expand.
September 26, 2025: Accenture has announced a major restructuring plan, reducing its global workforce by more than 11,000 employees in the last three months. The IT consulting giant said the cuts are part of an $865 million cost-saving programme aimed at preparing for the rapid shift to artificial intelligence.
The company warned that more employees may be asked to leave if they cannot be retrained for the new AI-driven roles.
The company’s headcount fell to 779,000 at the end of August, down from 791,000 three months earlier. Severance and related costs have already reached $615 million, with an additional $250 million expected in the current quarter. Despite the layoffs, Accenture aims to maintain its profit margins and continue investments in growth areas like AI.
Pune, one of Accenture’s key technology centres in India, is also adapting to this global transition. While the company did not specify city-wise job cuts, employees across Indian offices, including Pune, are part of the reskilling and workforce changes.
Accenture reported $69.7 billion in revenue for the year ending August 2024, a 7% increase from last year, and a net income of $7.83 billion, up 6%. However, revenue growth is projected to slow to 2–5% in the coming fiscal year, partly due to reduced spending by the US federal government, which contributes around 8% of the company’s revenue.
Generative AI remains a bright spot for Accenture, with $5.1 billion in new AI bookings this year, up from $3 billion last year. The company now has 77,000 AI and data professionals, nearly double the number from two years ago. CEO Julie Sweet said the company is focusing on “upskilling our reinventors” and expects overall headcount to grow again next year as AI-driven roles expand.
Accenture’s shares fell 2.7% on Thursday, closing at their lowest level since November 2020, as investors reacted to the job cuts and slower growth outlook.