Accenture’s Bold AI Gamble: Layoffs, Stock Rally and 25-Year Anniversary Unveiled
Accenture at a Glance Accenture (NYSE: ACN) is a global consulting and technology services firm (home to ~779,000 employees). It began as Andersen Consulting (part of Arthur Andersen) and renamed to “Accenture” in 2001 after winning independence. The rebranding cost about $170M in advertising at the time, but the name stuck as a clever shorthand for “accent on the future” journalrecord.com. Over 25 years later, Accenture still touts innovation as its core mission. In recent quarters, Accenture has leaned heavily into artificial intelligence and cloud services. Its FY2025 results show this mix worked on the top line: full-year revenue was
