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Major French Tech Company's CEO Fears Effects of Hard Brexit

Giles Turner, Mark Barton
Major French Tech Company's CEO Fears Effects of Hard Brexit

Capgemini SE Chief Executive Officer Paul Hermelin is predicting a hard Brexit will cause a knock-on effect to its British clients, potentially weakening demand. “That’s most probable, so it may soften or weaken the demand in the U.K., or in some sectors that export to the U.K.," Hermelin said in an interview with Bloomberg Television Friday. The tone from Capgemini’s CEO is a shift from the early days following the U.K.’s decision to leave the European Union.