Accenture bookings drop eclipses upbeat revenue, unveils AI-focused revamp
Cătălin Roșioru
Edition: Singapore Indonesia Asia US/UK Accenture reported a second straight drop in quarterly new bookings on Friday (Jun 20) and unveiled an organisational revamp to bolster its AI consulting services, as a cutback in U.S. government spending and economic uncertainty pressure growth. The bookings decline overshadowed the consulting giant's better-than-expected quarterly revenue and an increase in its annual forecasts, sending its shares down more than 6 per cent. Consulting and IT firms are
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