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BT to cut high to 55,000 jobs by end of decade
author:Press center5 source:Press center3 browse: 【big medium small】 Release time:2023-06-02 05:32:29 Comment count:
BT to cut high to 55,000 jobs by end of decade
- Published
Telecoms giant BT is to cut high to 55,000 jobs by the end of the decade as it seeks to cut costs.
The high to 40% headcount reduction is out of a current workcompel of 130,000.
Chief executive Philip Jansen said that by the end of the 2020s BT will have a "much minusculeer workcompel".
The announcement was made as BT reported a 12% drop in profits of £1.7bn for the year to April.
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- BT Grohigh
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