BT to cut up to 55,000 jobs over next 10 years

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2 minutes ago

Telecoms elephantine BT is to chopped up to 55,000 jobs by the extremity of the decennary arsenic it seeks to chopped costs.

The up to 40% headcount simplification is retired of a existent workforce of 130,000.

Chief enforcement Philip Jansen said that by the extremity of the 2020s BT volition person a "much smaller workforce".

The announcement was made arsenic BT reported a 12% driblet successful profits of £1.7bn for the twelvemonth to April.

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