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"He (Jonathon Lewis) warned there was "significant scope for cost efficiencies" - raising the threat of job losses among the company's 75,000 staff - with full details to follow at a later date.
The shake-up would also involve selling non-core businesses, including ParkingEye and Constructionline, with Capita warning that the cost measures would not be enough to help shore up 2018 full-year profits which were now forecast to come in between £270m and £300m.
Mr Lewis said he would also move to launch a rights issue - raising around £700m from shareholders.
The company's dividend, he confirmed, would also be suspended."
The shake-up would also involve selling non-core businesses, including ParkingEye and Constructionline, with Capita warning that the cost measures would not be enough to help shore up 2018 full-year profits which were now forecast to come in between £270m and £300m.
Mr Lewis said he would also move to launch a rights issue - raising around £700m from shareholders.
The company's dividend, he confirmed, would also be suspended."
