Type
Merger/Acquisition
Country
Ireland
Region
Location of affected unit(s)
Dublin and Cork
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

310 jobs
Number of planned job losses
Job loss
Announcement Date
21 January 2003
Employment effect (start)
Foreseen end date

Description

Logica has recently announced a merger with another technology services company, CMG, that will cost 310 jobs. The new company will be named LogicaCMG. LogicaCMG plans to cut 1,400 jobs out of its 23,000 staff this year across 34 countries. The redoundacies in the Republic were the first to be announced by the new group.


Sources

Citation

Eurofound (2003), Logica, Merger/Acquisition in Ireland, factsheet number 59654, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59654.