Coronavirus: Capita to cut at least 200 jobs

Job cuts by the company, a major provider of outsourced services to the UK government with 61,000 employees, will be focused on its central support teams in London, The Guardian reported. A Capita spokesman told the publication: “As a result of the ongoing COVID-19 crisis, we are taking further, decisive cost-cutting action to preserve cash and protect our financial position. Torsten Bell, chief executive of the Resolution Foundation, told ministers at the government’s Treasury Committee that households should prepare for a “big labour market shock” despite measures to protect jobs.