Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Germany, France
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

450 jobs
Number of planned job losses
Job loss
Announcement Date
3 September 2003
Employment effect (start)
Foreseen end date

Description

LogicaCMG, Europe's third largest IT services firm, will cut 450 jobs. These cuts follow finalisation of the rationalisation programmes for Germany and France. The wireless networks department will also be affected, due to market conditions. LogicaCMG announced that some of the jobs will be relocated in India.


Sources

  • 3 September 2003: The Guardian

Citation

Eurofound (2003), Logica, Internal restructuring in European Union, factsheet number 59764, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59764.