310 shares
Restructuring has been further derailed by the pandemic, which has slowed down its plans to sell off businesses.
Lewis has now approached several advisory companies for help – though none have yet been hired.
Tough turnaround: Capita boss Jon Lewis
Capita has around 61,000 employees and works in dozens of industries. The firm runs everything from the London congestion charge to collecting the BBC licence fee.
But this wide reach has come at a cost, and after years of acquisitions it put out a string of profit warnings in early 2018.
Lewis, with a reputation as a turnaround specialist, was brought in to rescue it and has raised £700million from shareholders and launched a strategy to sell businesses so it can focus on high-tech and consulting.