Accenture dubs 800,000 staff ‘reinventors’ amid shift to AI

AI Summary
Accenture, a global consulting firm, has rebranded its 800,000 employees as "reinventors" as part of a strategic shift towards artificial intelligence. This initiative follows a June reorganization that consolidated divisions into "Reinvention Services." CEO Julie Sweet aims to emphasize AI capabilities, with the company investing in AI training while also indicating that some employees may be let go if they cannot adapt. Accenture's move comes amidst a challenging economic climate, with shares declining due to anticipated US federal spending cuts, despite a 7% revenue increase to $69.7 billion for the last financial year. The company is updating internal resources to reflect the new "reinventor" terminology.
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