Accenture spends $1bn on reskilling employees: CEO

BENGALURU: Accenture CEO Julie Sweet has said the company spends $1 billion on reskilling its people for professional development. “We do massive reskilling. We invest $1 billion a year and millions of training hours. All of this is a part of our commitment to sustainability. This is how we operate and we are doing this for many years now,” Sweet said at the Nasscom Technology & Leadership Forum 2021 on Friday.

Sweet said sustainable businesses have unlocked opportunities for constantly reskilling employees even as organisations are becoming more agile. Accenture has extended its reskilling efforts to its clients too. US consumer electronics retailer Best Buy, for instance, announced that they were creating 1,000 new jobs in technology. “And they’re working with us to make sure that a big percentage — about 30% — are diverse,” she said.