Capita Cuts 900 Jobs in a Bold Move to Save £60M
What’s Happening? Capita, the outsourcing giant that handles recruitment for the British Army, is set to trim up to 900 roles across the board. The company is zeroing in on a £60 million annual savings starting in Q1 2024.
Why the Shake‑Up?
- Capita’s CEO, Jon Lewis, says the firm is tightening its belt with an extra £20 million cut in overhead, boosting total savings to £60 million per year.
- It’s part of a wider review that’s looking for any place the company can trim costs.
- “We’re not just cutting one‑off jobs; we’re looking at the whole organizational structure,” Lewis noted.
Which Jobs Are In Danger?
Most of the cuts hit support and overhead positions rather than front‑line roles. The company says roughly 900 spots could become redundant. The plan will roll out soon with employees brought in for consultation.
What’s Next?
Capita will start the employee consultation phase shortly. The company expects the new structure to deliver the promised £60 million cost savings from the start of 2024. Employees will have a say in how the changes play out.
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