Genpact to lay off 60 employees in South Jacksonville

The professional services company will continue other operations at the site.


  • By Mark Basch
  • | 9:08 a.m. October 1, 2024
  • | 4 Free Articles Remaining!
Genpact offices at 6737 Southpoint Drive S. in South Jacksonville.
Genpact offices at 6737 Southpoint Drive S. in South Jacksonville.
  • Business
  • Share

Genpact Ltd. said in a Sept. 26 notice under the Worker Adjustment and Retraining Notification Act that it expects to lay off up to 60 employees at its Southside Jacksonville offices.

The company said the workforce reduction is related to some services performed at its offices at 6737 Southpoint Drive S., but other operations will continue at that location.

Genpact is a Bermuda-headquartered professional services company with more than 125,000 employees in more than 30 countries.

The company would not provide more details about the layoff or how many employees it has in Jacksonville.

A chart with the Genpact WARN notice letter detailing the job cuts.

“We do not share details about our confidential client engagements. We can confirm there was a business decision that affects the roles of some of our employees,” the company said in an emailed statement.

Genpact’s WARN letter said the layoffs are expected to occur Nov. 30.

The company has laid off employees in Jacksonville before.

A 2021 WARN letter said it was cutting 489 jobs because of “material business changes to one of the company’s clients.”

Genpact was formed as a subsidiary of General Electric Co. in 1997 and then spun off as an independent company in 2004.

It provides AI, technology, data and analytics, customer care, finance and accounting, risk and compliance, supply chain management and other services to clients in industries that include manufacturing, banking, insurance, technology and media, among others.

The company reported revenue of $2.2 billion and earnings of $222.4 million in the first half of 2024. 

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.