0
General

BT Group considering more job cuts to reduce workforce by 25% - report

Wednesday 27 March 2019 | 20:12 CET | News
BT Group is considering reducing its 100,00-strong workforce by 25 percent over five years, reports Bloomberg citing unnamed people familiar with the matter. This would be on top of the 13,000 job cuts announced in spring 2018. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: BT
Countries: United Kingdom / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

BT consolidates 300 UK offices into 30 with workplace improvement programme

Published 05 Jun 2019 13:05 CET | United Kingdom
BT Group has confirmed plans to consolidate more than 300 offices across the UK to around 30. It has identified Belfast, ...

Union accuses BT of targeting job cuts at older, long-term workers

Published 23 May 2019 10:55 CET | United Kingdom
UK trade union Prospect has accused BT of targeting older, long-serving employees as it looks to cut 13,000 jobs, reports The ...

BT strengthens, extends relationship with NATO

Published 08 Apr 2019 17:17 CET | World
BT said it's expanding the range of services it provides to NATO through a new, three-year agreement with NATO's Communications ...

Prospect members reject BT workforce restructure plans

Published 03 Apr 2019 09:36 CET | United Kingdom
The Prospect trade union confirmed that BT members have voted to reject plans to restructure its workforce that will result in ...

Last week in telecoms: focus on BT, TIM, Altice Europe and the German market

Published 01 Apr 2019 07:01 CET | Europe
Winners and losers in the Telecompaper Stock Index European Telecoms roughly balanced each other out in week 13. Still, the index ...

BT outsources facilities services division in fresh cost-cutting move

Published 26 Nov 2018 17:08 CET | United Kingdom
The Communication Workers Union (CWU) has reacted angrily after BT confirmed plans to outsource its facilities services division ...

BT reports lower H1 revenue, ultrafast roll-out passes 2 million premises

Published 01 Nov 2018 10:34 CET | United Kingdom
BT Group has reported revenue of GBP 11.59 billion for the fiscal half year to 30 September, down 2 percent from GBP 11.78 ...

BT Group shareholders reject executive pay report

Published 11 Jul 2018 17:32 CET | United Kingdom
BT Group shareholders have voted against the company's remuneration report, including the GBP 3.2 million pay package of outgoing ...

BT to cut 13,000 jobs, leave London headquarters

Published 10 May 2018 09:55 CET | United Kingdom
BT has announced plans to cut around 13,000 jobs over three years at a cost of GBP 800 million, mainly back office and middle ...

BT planning to cut thousands more jobs - report

Published 04 May 2018 10:24 CET | United Kingdom
BT is planning to cut thousands more jobs as it struggles to regain investor confidence following the accounting scandal at its ...