Accenture says it will double AI workforce three months after mass layoffs

Accenture’s announcement comes after the company cut 2.5% of its workforce in March.

Accenture jobs AI
Accenture to double AI workforce. (Photo credit: Bloomberg)

Accenture Plc announced plans to double its AI staff to 80,000, just three months after shedding 19,000 jobs in a cost-cutting effort.

The professional-services company will invest $3 billion in its Data & AI practice over the next three years to help companies develop the new strategies they’ll need to capitalize on the boom in artificial intelligence, Accenture said in a statement on Tuesday. Much of the investment will focus on helping clients maximize generative AI, which creates visual works or text based on simple prompts.

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“There is unprecedented interest in all areas of AI, and the substantial investment we are making in our Data & AI practice will help our clients move from interest to action to value, and in a responsible way with clear business cases,” said Chief Executive Officer Julie Sweet.

Accenture’s announcement comes after the company cut 2.5% of its workforce in March, with over half of the cuts affecting individuals in non-billable corporate functions including human resources, financial and legal departments.

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This article was first uploaded on June fourteen, twenty twenty-three, at forty-nine minutes past nine in the morning.
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