After Cognizant, French IT major Capgemini may lay off 9,000 employees: Report

After rumours about IT major Cognizant likely to lay off 6,000 of its Indian employees to hire in the US made the rounds,  it is reported that IT giant Capgemini, too, may have similar plans. The French firm is reportedly letting go about 9,000 employees who make up almost five percent of its workforce.

The employees of Igate, which Capgemini acquired in 2015, are most likely to be asked to go, the Times of India reported. While the company did not specifically say if it indeed is laying off the said employees, it explained how it plans to hire about 20,000 employees this year.

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