Cap Gemini to slash 5,500 jobs

More jobs go at French services giant...

By Kate Hanaghan, 27 June 2002 10:00

NEWS Cap Gemini has made plans to cut 5,500 more jobs as demand for its computer services continue to falter. The company will cut 2,500 jobs in its telecoms and financial services division saving E230m (£148m). In addition, it will sack a further 3,000 employees. The figure is in addition to the 5,500 it cut last year. At the beginning of this year, it had 56,500 employees.

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