Nearly 20,000 layoffs

Hello everyone, I am the principal.

I saw a piece of news a few days ago. The global IT outsourcing service and consulting giant Accenture said that it will lay off 19,000 employees in the next 18 months, accounting for about 2.5% of its total employees. Cut costs and streamline operations as corporate customers' IT spending slows.

This is one of the largest layoffs in the IT outsourcing and consulting industry as the European and American economies face difficulties.

The company said that the current round of layoffs is expected to generate $1.2 billion in employee severance and other personnel costs, and will spend an additional $300 million on office space consolidation. Accenture also lowered its performance guidance at the same time, expecting a revenue growth range of 8% to 10% for this fiscal year, lower than the previous 8% to 11%.

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I don’t know if I don’t check it. I was shocked when I checked it. Accenture has more than 700,000 employees worldwide. To be honest, it has laid off 20,000 people, accounting for only about 2.5% of the total number of employees in the world. Compared with other companies Big Internet companies lay off 10% of their employees at every turn, and Accenture's layoffs are not too aggressive.

The reason for the layoffs is simple. The poor global economic outlook has led to cuts in spending on IT services, which has affected Accenture's revenue and profit forecasts.

However, when I saw Accenture as an IT outsourcing service and consulting company with more than 700,000 employees, it reminded me of the recently popular GPT language model.

Now the artificial intelligence of GPT is too smart. With the continuous development of digitalization and artificial intelligence technology, Accenture's consulting industry is also being transformed by artificial intelligence. Many clients are already adopting technologies such as automation and machine learning, reducing the need for consulting firms.

This will definitely have a big impact on Accenture's consulting services, and future profits will decrease. Consulting Accenture is not as good as consulting ChatGPT, which understands everything.

From a programmer's perspective, we've all seen Microsoft's GitHub release the Copilot X intelligent programming assistant, which adds OpenAI chat functionality to the coding tool, allowing programmers to ask how to complete certain coding tasks.

This Copilot X is smart and can help programmers improve efficiency in the following aspects:

1. You can help programmers write codes through chat, for example: write me a xxxx algorithm, and it may be completed in one go;

2. It can be completed intelligently. Copilot can do it before, but with GPT, it is even more powerful;

3. It can help you identify and explain the code. In other words, it can help programmers write comments. Programmers hate writing comments. With the help of Copilot X, other colleagues no longer have to worry about me not writing comments.

4. It can help you test and modify the code, provide suggestions for modifying your code or point out errors.

5. Can help you do PR work.

6. Can help you find document information.

Then you see, as the world's largest IT outsourcing service provider, with so many outsourced programmers, with the help of this artificial intelligence programming assistant, do you not need so many programmers? What used to be done by 3 programmers can now be done by 1 programmer.

Therefore, I feel that apart from the impact of the economic downturn, artificial intelligence will also have a great impact on it in the future. It may not only be a matter of layoffs of 20,000 people now, but more people may be laid off in the future. Layoffs are estimated to have only just begun.

After all, the emergence of GPT means that a new technological revolution has begun, and GPT may make many people unemployed.

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Origin blog.csdn.net/loongggdroid/article/details/129828040