Tech Layoffs 2025: Accenture Cuts Over 11,000 Employees' Jobs Globally Amid $865 Million AI Restructuring Plan

Accenture, one of the world's largest consulting and IT services firms, has announced a massive wave of layoffs, impacting over 11,000 employees globally in the last quarter. This move is part of a broader $865 million restructuring plan, driven by the company's ongoing shift towards artificial intelligence (AI) and changing market demands.

Accenture Layoffs: Tech Giant Fires Over 11,000 Employees

In a statement, Accenture Chief Executive Officer (CEO) Julie Sweet acknowledged the company's pivot from reskilling toward workforce reduction, attributing the decision to the rapid adoption of AI technologies and a decline in corporate spending. "Every new wave of technology has a time where you have to train and retool....Accenture's core competency is to do that at scale," Sweet said.

Accenture Trains 70,000 Employees in Agentic AI Amid Major Workforce Restructuring

As the business environment transforms with emerging technologies, Accenture is focusing its efforts on aligning its talent pool with client demand for AI-driven services. While workforce reduction is a critical part of this transition, the company is also making significant investments in upskilling.

According to reports, over 70,000 employees are currently being trained in "agentic AI", a form of advanced artificial intelligence designed to support autonomous decision-making and task execution.

The dual approach of layoffs and strategic training reflects Accenture's intent to maintain a leaner yet more technologically adept workforce. The firm, which employs more than 700,000 people globally, sees AI as a cornerstone of future growth and client delivery.

On September 16, a Bloomberg report highlighted Accenture's ambitious plan to retrain a large portion of its workforce in agentic AI, signaling the firm's long-term commitment to staying competitive in a fast-changing digital economy.

Accenture Financials Highlights: Growth Outlook of This Tech Company

Despite the restructuring, Accenture posted strong results for the quarter. The company reported fourth-quarter revenue of $17.6 billion, exceeding market expectations of $17.36 billion, according to LSEG data.

Looking ahead, Accenture projects full-year revenue growth between 2% and 5% through FY26, slightly below the previous 5.3% projection. Analysts attribute this tempered outlook to global economic uncertainties and a more cautious corporate IT spending environment.