Editing Logica (section)

===Return to Logica===
[[Image:Tour D2 le 29 janvier.JPG|thumb|left|Logica building (near right) in the La Défense complex outside of Paris, early 2012]]
Andy Green was recruited as the new CEO and took office from 1 January 2008.<ref>{{cite web|url=http://www.computerweekly.com/Articles/2007/10/09/227338/logicacmg-appoints-bts-green-as-new-ceo.htm |title=Logica appoints BT's Green as new CEO |publisher=Computerweekly.com |access-date=2014-06-23}}</ref>

On 27 February 2008, the company changed its name back to Logica.<ref name="history" />  Nevertheless news accounts often referred to the company as being Anglo-Dutch.<ref name="LOG-M-00"/>

In April 2008 Green announced a major restructuring programme for the company, leading to 1,300 job losses.<ref>{{cite web|url=http://www.computing.co.uk/computing/news/2216575/logica-uk-sales-stall |title=Logica UK sales stall |publisher=Computing.co.uk |access-date=2014-06-23}}</ref> In May 2008 the company announced that it would offshore more of its activities including [[SAP AG|SAP]] support and [[Human resources|HR]] and payroll administration to [[Makati]] in the Philippines,<ref>{{cite web |url=http://newsinfo.inquirer.net/breakingnews/infotech/view/20080506-134855/UKs-Logica-to-outsource-more-work-to-RP |title=UK's Logica to outsource more work to RP |publisher=Newsinfo.inquirer.net |access-date=2014-06-23 |url-status=dead |archive-url=https://web.archive.org/web/20130627165932/http://newsinfo.inquirer.net/breakingnews/infotech/view/20080506-134855/UKs-Logica-to-outsource-more-work-to-RP |archive-date=2013-06-27 }}</ref> and saw a subsequent increase in its outsourced HR and payroll services business to more than 850 customer organisations.<ref>{{cite press release|url=http://www.logica.com/we-are-logica/media-centre/news/2010/logica-wins-hr--payroll-services-contract-for-bank-of-england |title=Logica winds HR payroll services contract for Bank of England  |publisher=Logica |access-date=2014-06-23}} Includes figures on scale of HR BPO operations.</ref>

Beginning in late 2009, Logica's revenues suffered from the effects of the [[European debt crisis]].<ref name="tgm-2012"/> In December 2011, Logica announced it would cut 1,300 jobs or around 3 percent of the workforce spread across [[Benelux]], the United Kingdom and Sweden, to save 50 to 60 million pounds a year from the second half of 2012.<ref>{{cite news |url=http://www.ft.com/intl/cms/s/2/13460daa-2645-11e1-9ed3-00144feabdc0.html?ftcamp=rss |title=Logica to cut 1,300 jobs on eurozone woes |date=December 14, 2011|newspaper=Financial Times}}</ref>  Logica's shares fell to half their value from a year prior.<ref name="tgm-2012"/> Gradually the outsourcing component came to represent some 45 percent of the company's overall business.<ref name="LOG-M-00"/>