Capgemini intends to eliminate up to 2,400 French jobs

Capgemini on Tuesday said it plans to cut up to 2,400 jobs in France, around 6% of its workforce in the country, as the IT services major struggles with weak demand across key sectors in its home market.

The French company told Reuters that the ongoing economic slowdown has weighed on client spending in several industries, with the automotive sector being particularly impacted. Softer demand from these segments has prompted Capgemini to reassess its workforce requirements in France.

The company said the proposed job reductions will be carried out exclusively through voluntary departures and will be accompanied by internal retraining and reskilling programmes for employees in divisions affected by changing client demand. Capgemini emphasised that there will be no forced layoffs as part of the plan.

The proposal is subject to discussions and negotiations with employee representative bodies and trade unions, in line with French labour regulations. Capgemini said consultations with social partners will determine the final scope and implementation timeline of the measures.

The move comes amid a broader slowdown in Europe’s technology services market, as high interest rates, inflationary pressures and cautious corporate spending continue to weigh on discretionary IT investments. Several global IT services firms have recently flagged delays in decision-making by clients, particularly in manufacturing-led sectors such as automotive.

Capgemini employs roughly 40,000 people in France and over 340,000 globally. The company has been increasingly focusing on high-growth areas such as cloud, data and artificial intelligence, while adjusting capacity in traditional and slower-growing segments.

The firm reiterated that it remains committed to supporting affected employees through redeployment, training and voluntary mobility options as it adapts to evolving market conditions.