Accenture Braces For Slowdown & Job Cuts
Accenture Plc is anticipating slower growth, even as artificial intelligence (AI) garners increasing interest from clients. CEO Julie Sweet acknowledged that while AI has quickly gained attention among CEOs and boards, its actual implementation and value delivery have been limited, particularly outside digital-native companies. As a result, Accenture is undertaking job cuts, citing a lack of viable reskilling options for some roles. The company remains largely unaffected by the H-1B visa changes under the Trump administration, as only 5% of its US workforce holds such visas.
Accenture reported $69.7 billion in revenue for FY24, a 7% increase, outpacing the cumulative revenue growth of India’s top 10 IT firms. Despite this, it has forecast slower revenue growth of 2–5% in FY26. During J...










