Around 750 roles are being made redundant under a workforce restructure intended to align the company with evolving business needs. This move follows a global trend where firms that expanded swiftly during the digital transformation surge are now seeking greater efficiency and cost control.
Accenture’s local headcount increased more than 60% between 2020 and 2024. This growth was largely driven by rising demand for technology-led services during the COVID-19 pandemic. However, with rising economic pressures and clients reducing investment in major transformation projects, managing resources more efficiently has become essential. The job losses represent roughly one-tenth of the Australian workforce.
Although the changes are designed to strengthen long-term competitiveness, their broader impact could extend beyond the company. Industry analysts are monitoring the situation to determine how it may affect project timelines and whether other firms might adopt similar strategies. The sector appears to be shifting focus from aggressive growth toward more deliberate consolidation.
