11,000 Jobs Cut, more hiring aheadBuilding an AI workforceGlobal consulting giant Accenture has laid off more than 11,000 employees across the globe in the past three months. The company said that it is laying off employees that cannot be trained in AI, as Accenture is working on reshaping its workforce for the AI era. The round of layoffs at Accenture began earlier this year and are expected to go on till November 2025. “Advanced AI is becoming a part of everything we do,” Sweet said, adding that the firm views AI not as “deflationary” but “expansionary. Tech giants like Meta, Microsoft and others have also cut down on traditional job roles along with ramping the AI hiring process.