Capita announces 900 redundancies – Personnel Today

Outsourcing firm Capita will cut 900 jobs globally in a bid to save £60m ($82m) annually starting from Q1 2024. The cost-saving measure follows a cyber-attack that cost the company up to £25m ($34m), contributing to a pre-tax loss of £68m ($93m) for H1 2021. The new measures increase overhead cost reduction targets by £20m to £60m.