Alvarez & Marsal launches drive to hire 200 AI specialists
Updated
Updated · Bloomberg · May 4
Alvarez & Marsal launches drive to hire 200 AI specialists
12 articles · Updated · Bloomberg · May 4
The consulting firm aims for AI work to generate 50% of revenue by 2028, or as much as $3.5 billion, Antonio Alvarez III said.
Recruitment will target technologists, data scientists and agentic experts as the restructuring and turnaround adviser expands its artificial intelligence capabilities.
The push signals a broader strategic shift as consulting firms seek new growth from AI services alongside their traditional advisory businesses.
Can a restructuring firm pivot to a tech powerhouse, targeting $3.5 billion in AI revenue by 2028?
As AI automates turnarounds, will human judgment or algorithms decide the fate of struggling companies?