The job losses form part of the IT company’s new restructuring plan, which will also see the closure of buildings and datacentres.
The consultancy will slash 2,500 jobs immediately within the telecom and financial service sectors, and CGE&Y will try to relocate another 3,000 employees, although these positions are also at risk.
The news is another blow to the IT services market, that has recently seen Logica drop out of the FTSE 100, and redundancies at software firms IBM and Hewlett-Packard.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel