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Logica says hard cheese to Dutch workers

Logica is cutting jobs in the Netherlands and has stopped recruiting in the rest of Europe. The company said that attrition rates had fallen from 14 per cent at the end of 2008 to less than eight per cent now. Logica said: "We are acting decisively to reduce headcount further in the geographies where we see significant weakness …

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Do as we say, not as we do.

Thought you might all be interested: http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/technology/5084458/Logica-triples-executives-pay-as-1300-jobs-cut.html

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