Capgemini plans to cut up to 2,400 jobs in France

Capgemini plans to cut up to 2,400 jobs in France, that is, around 6% of its local workforce, as weak demand hits its home market. The slowdown has affected sectors such as automotive, reducing client spending on IT services. Capgemini intends to ...

Agencies
Capgemini said ‍on Tuesday it planned to cut ⁠up to 2,400 jobs in France, or about 6% ‌of its workforce ‌in the country, as ‌the IT services group grapples with weak demand in key sectors in its home market.

The economic slowdown has adversely impacted demand ‌in specific ‍sectors in ‍France, with the automotive industry bearing a ‌significant effect, the French company told Reuters.

Capgemini intends to implement the reductions through voluntary departures and offer ‍internal retraining programs for workers in divisions ‍affected by ⁠shifting ⁠client demand. The plan, which will proceed only on a voluntary basis, is subject to negotiations with unions, it said.

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