Accenture Slashes 11,000 Jobs Amid Major AI Restructuring, Maintains Strong Financials

Accenture is cutting 11,000 jobs as part of an $865M AI restructuring. CEO Julie Sweet stressed upskilling for AI roles but acknowledged exits were inevitable. Q4 revenue rose 7% to $17.6B, with EPS up 9% to $3.03. Advanced AI revenue tripled to $2.7B, while generative AI bookings hit $5.1B. Accenture projects 2–5% FY26 growth, continuing AI investment and retraining through November.