IDEO Revenue Collapses 67% as AI Design Tools Gut Creative Consultancy Market
IDEO, once a $300M design consultancy, now generates under $100M in annual revenue — a decline exceeding 67%. Product and graphic design job postings have fallen sharply across multiple firms as generative AI tools automate image creation, UI design, and UX workflows. Mid-tier agencies serving fintech and financial services clients face the same structural pressure, with consolidation and closures ahead.
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