Daybreak The Big Four gain where Accenture and IBM feel the most pain
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Oct 26, 2025 The discussion dives into Accenture's drastic restructuring and job cuts under new leadership, sparking a talent boom for the Big Four firms. These companies are rapidly hiring seasoned tech executives to strengthen their AI and transformation capabilities. The shift highlights a growing emphasis on digital services over traditional consulting. Moreover, rising competition is threatening Accenture and IBM, as the Big Four leverage existing relationships to secure large tech deals. All this unfolds against a backdrop of changing market dynamics and geopolitical influences.
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Accenture's Reinvention Cuts Both Ways
- Accenture combined strategy, consulting, technology and operations into a single "Reinvention Services" unit to speed delivery and embed generative AI.
- Internally, employees interpret the move as signalling further layoffs after ~11,000 recent cuts.
Big Four Move From Advice To Delivery
- The Big Four are racing into tech implementation and AI transformation to replace slowed audit-and-tax growth engines.
- They need industry implementation talent because they lack in-house delivery experience at scale.
External Hires Fuel PwC's Partner Boom
- A senior Accenture leader noted industry hires bring practical implementation knowledge and pitching experience.
- PwC now sources nearly 80% of new partners from outside, up from 5% two years ago.