The Big Four gain where Accenture and IBM feel the most pain

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Daybreak

The Ken

608 episodes

25 minutes ago

Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful. Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.

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The Big Four gain where Accenture and IBM feel the most pain

Daybreak

13 minutes

1 week ago

The Big Four gain where Accenture and IBM feel the most pain

Accenture is reinventing itself. Literally. Its new “Reinvention Services” division, led by former Americas CEO Manish Sharma, is supposed to make Accenture the best version of itself for clients.

But inside the company? "Reinvention" signals a deep internal culling after nearly 11,000 job cuts. The layoffs, however are also fuelling a new kind of hiring boom elsewhere.

The Big Four—Deloitte, PwC, EY, and KPMG—are seizing the moment. As they race to turn themselves into AI and tech transformation powerhouses, corporate restructuring at tech-services giants like Accenture and IBM just made hiring tech talent a whole lot easier for the Big Four.

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