German Tribune

Outsourcing giant Serco Group Plc has announced its plans to overhaul its management structure, in a move that will lead to at least 500 redundancies.

Most of the jobs at risk are from the company's office at Hook, near Basingstoke.

Outsourcing group Serco is to chop 500 UK jobs as part of a shake-up in the way it provides back-office services to public and private sector organisations worldwide.

Serco, which offers back-office support for a wide range of public & private sector bodies, has plans to merge its business processing operations into one global arm