Finance
Capgemini Plans to Cut up to 2,400 Jobs in France
Published by Global Banking & Finance Review®
Posted on January 20, 2026
1 min readLast updated: January 20, 2026
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Published by Global Banking & Finance Review®
Posted on January 20, 2026
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleCapgemini plans to cut 2,400 jobs in France, citing weak demand in key sectors. The reduction will be voluntary, with retraining options available.
Jan 20 (Reuters) - Capgemini said on Tuesday it planned to cut up to 2,400 jobs in France, or about 6% of its workforce in the country, as the IT services group grapples with weak demand in key sectors in its home market.
The economic slowdown has adversely impacted demand in specific sectors in France, with the automotive industry bearing a significant effect, the French company told Reuters.
Capgemini intends to implement the reductions through voluntary departures and offer internal retraining programs for workers in divisions affected by shifting client demand. The plan, which will proceed only on a voluntary basis, is subject to negotiations with unions, it said.
(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)
Workforce reduction is a strategy used by companies to decrease their number of employees, often due to economic pressures or changes in market demand.
Voluntary departure refers to employees choosing to leave their jobs, often as part of a company’s workforce reduction strategy, usually incentivized by the employer.
Internal retraining involves providing current employees with new skills or training to adapt to changing job requirements or market conditions within the same company.
Economic slowdown is a period when the economy grows at a slower rate than usual, often leading to reduced demand for goods and services.
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