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BT to cut 13,000 jobs, leave London headquarters
2018-05-10 09:55:00| Telecompaper Headlines
(Telecompaper) 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 management roles. The cuts are part of a new strategy to deliver sustainable growth by transforming its operating model, improving the customer experience, and delivering new converged connectivity services. The announcement came as BT released its Q4 results, with reported revenue down 1 percent for the year and 3 percent for the quarter.
BT cuts 13,000 jobs to slash costs
2018-05-10 09:01:20| BBC News | Business | UK Edition
The telecoms giant will eliminate many back-office and middle management roles in the next three years.
US jobs grow by 164,000 in April as unemployment rate hits 3.9%
2018-05-04 14:40:46| BBC News | Business | UK Edition
The US unemployment rate fell to 3.9% in April, as employers added 164,000 jobs.
BT to cut up to 6,600 jobs
2018-05-04 02:00:00| Total Telecom industry news
Former UK incumbent BT is set to announce as many as 6,600 job cuts, according to a report in the Financial Times. BT has faced a torrid 12 months…read more on TotalTele.com »
800 jobs cut as Virgin Media to shut Swansea call centre
2018-05-03 15:00:03| BBC News | Business | UK Edition
Virgin Media is to close its Llansamlet base with the loss of nearly 800 jobs.
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