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The latest consultancy news, with Sarah Underwood, one of the UK’s best-regarded consultancy industry commentators.
Market News - Part 1 | Part 2
CGE&Y cuts its financial forecasts
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CGE&Y: analysts are sanguine about its longer-term prospects
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Cap Gemini Ernst & Young (CGE&Y) has reduced its financial forecasts and is embarking on a cost-cutting plan that includes the loss of 2,700 jobs this calendar year.
The majority of job cuts will be made in the US, but the UK and Nordic regions have not escaped the axe – with some 270 jobs going in the UK and a similar number being taken out elsewhere in Northern Europe.
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