Defence giant Babcock International to cut 1,000 jobs

Business News
Spread the love

Babcock, which operates support services, is worth less than a third of its value five years ago. Other outsourcing firms, such as Serco, Capita and Carillion, have had a torrid time. However, markets seem to think that Babcock, a company that’s involved in the defence of the realm, has a fighting chance of turning itself around.

Source link

Leave a Reply