- Accenture adds 24,000 employees during fiscal 2024
Athira Sethu
Kochi, 28 September 2024
After posting a sound set of numbers for the fourth quarter ended August 2024, Accenture is looking at hiring more in the current fiscal year, especially in its major delivery centre, India.
In the post-earnings analyst call, the management of Accenture said with an employee utilisation rate of around 92%, the company wants to step up hiring to manage the supply side better as green shoots in the demand environment emerge.
“We are hiring primarily in India, so a lot of that hiring is technology in India. We hire all over the world, and in technology, which is a big driver of the growth that we’re seeing now, and going into FY 2025, that is a lot of hiring in India,” Julie Sweet, CEO of Accenture has said during the analyst call.
The IT major, which has around 770,000 employees across the world, counts India as a major delivery centre with more than 300,000 staffers. The firm boarded 41,484 employees in the just-ended fiscal year 2024. Most of those employees joined the company during the just-ended August quarter of over 24,000 employees.
Accenture follows September-August financial year cycle.
The company is also aggressively upskilling its employees to make them industry-ready for upcoming projects.
“We have continued to steadily increase our data and AI workforce reaching approximately 57,000 practitioners against our goal of 80,000 by the end of FY2026. We invested in our people to continue to develop their marketable skills and to help us reinvent our services using GenAI. Our people had approximately 44 million training hours this year, representing an increase of 10% predominantly due to GenAI training,” Sweet has said.
Accenture posted strong fourth-quarter results this week and forecasts to grow its revenue 3-6% in fiscal 2025.
