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The latest news from the consultancy and IT markets, with comment by industry watcher Caroline Chappell
Market News - Part 2 | Part 1
CGEY cuts top-level pay and axes 750 jobs
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CGEY: market conditions in UK particularly difficult
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Cap Gemini Ernst & Young has admitted to over-capacity in the UK, as it seeks to cut a further 750 jobs. The company has told its 9,500 UK staff that it is looking for volunteers to take redundancy, early retirement or career breaks.
CGEY announced the compulsory redundancy of 277 employees in May this year.
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Consultants' Advisory 2001
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