this market is insane because something can be obviously true the second you use a frontier model but prices take 6-12-18 months to reflect it.
8:00 AM · Jun 18, 2026 · 6.6K Views
Accenture stock drops 20% as consulting firm lowers revenue outlook and blames AI disruption
New bookings fell 2% as clients paused business.
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Users dismissed Accenture-style consulting as fake or obsolete spying-adjacent businesses now that AI handles the work, and mocked consultants for failing to pivot into prompt engineering.
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NIK@ns123abc
Earnings report today btw https://www.bloomberg.com/news/articles/2026-06-18/accenture-s-outlook-disappoints-in-uncertain-consultancy-market
1hViews 388Likes 2
Jared L Kubin@JaredKubin
@WillManidis It’s down -60% from ChatGPT launch
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Mystisith@Mystisith
@ns123abc Who the hell needs to "consult" for a fee in 2026? Those fake businesses who are more like back kitchens of spying agencies are worth 0️⃣ .
1hViews 20Likes 1
y⁷@y7_y00ts
@ns123abc who’s next?
1hViews 27
Eazyscalp@eazyscalp
@ns123abc man, the shift in how people build is getting wild.
1hViews 25
Buncheong Age Mindset@hyonschu
@ns123abc it's actually actually over for overseas call centers
1hViews 14
Hunter Gon@gonlenidefi
@ns123abc lmao every consulting bro i know was calling AI a bubble
shouldve pivoted to prompt engineering when they had the chance
1hViews 10
Arslan Iqbal@thearslaniqbal
@ns123abc Twenty percent in one day is huge. Do you think other consulting firms will see the same drop soon?
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Ezika@Ezika_0h
@ns123abc this is structural not cyclical
ai is compressing the commoditized consulting layer and revenue follows
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