Outsourcing Giant Capita Replacing Thousands Of Jobs With Robots

Earlier this week we warned that as the trend to robotization accelerates, millions of (mostly) low-skilled American jobs will be lost in the next five years, replaced by robots as companies seek to maintain high profit margins in a time of rising wages and growing inflation. One company, however, can not wait that long. British outsourcing giant Capita, a company whose contracts include collecting the BBC license fee, is preparing to fire thousands and replace them with robots after clients cut spending following Brexit vote in a move some fear will be repeated across the country, leading to more than 1 million job losses according to the Guardian. Capita, a FTSE 100-listed firm that also runs the London congestion charge, said it needed to axe 2,000 jobs as part of a cost-cutting drive in response to poor trading. The company said it would use the money it saved to fund investment into robotic workers across the whole company.