Accenture doesn't want employees who don't know how to adapt to AI. That's why they are going to replace 11,000 workers with people who do know how

Accenture is undergoing a major workforce overhaul, a strategic pivot highlighting the accelerating influence of Artificial Intelligence in the European business landscape. The multinational professional services giant is actively reshaping its global operations, aiming to enhance its capabilities in AI-driven solutions and digital transformation initiatives. This strategic move underscores the growing importance of adapting to the rapidly evolving technological landscape within the European Union and beyond. The restructuring involves letting go approximately 11,000 employees across its global operations. This workforce adjustment will be costly, with an estimated $865 million earmarked for severance packages and associated expenses. Accenture's leadership has stated that the changes are designed to optimize the company's workforce for a future increasingly reliant on advanced AI skills, data analytics, and other related technologies. This transformation will impact employees across various sectors, reflecting a broader trend of automation and digitalization affecting employment across the EU. Businesses across Europe must now prioritize skills development and training to remain competitive, as the need for AI proficiency in the workforce continues to grow. The move further emphasizes the importance of the EU's Digital Decade targets for digital skills training and the promotion of digital sovereignty. This situation highlights the need for proactive measures in upskilling and reskilling to help EU workers navigate the evolving digital economy. These ongoing adjustments across large technology companies emphasize the need for continued investment in AI ethics, and responsible use and development of AI technologies within the EU.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
