Capgemini CEO: Ready For More Restructuring If Market Worsens
12 February 2009 - 9:02PM
Dow Jones News
Computer services company Capgemini (CAP.FR) is ready to carry
out more restructuring measures if the situation in its markets
worsens further, Chief Executive Paul Hermelin said Thursday.
Capgemini has already budgeted for EUR140 million in
restructuring costs in 2009, but has another layer of actions
"ready to be activated in case of further deterioration," Hermelin
said on a conference call.
-By Jethro Mullen, Dow Jones Newswires; 33 1 4017 1738;
jethro.mullen@dowjones.com