IT service group Logica is cutting between 450 and 550 jobs in the Netherlands and Belgium as part of a major reorganisation and shutting half its offices in the region.

In total, 1,300 jobs are to go at the Anglo-Dutch company, because of the euro crisis and economic downturn.
Logica also again downgraded its 2011 growth forecast to ‘about 3%’ from above 3% last month and 5% earlier in the year.