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Standard User Bob_s2
(experienced) Thu 11-May-17 07:57:11
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BT to Axe 4000 jobs in major restructuring


[link to this post]
 
BT says it will be shedding 4,000 jobs worldwide over the next two years in a major restructuring.

The telecoms giant said the posts would be going in back-office and managerial sectors as it simplifies its Global Services operations.
Standard User Kr1s69
(knowledge is power) Thu 11-May-17 08:30:14
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Re: BT to Axe 4000 jobs in major restructuring


[re: Bob_s2] [link to this post]
 
BBC article:

http://www.bbc.co.uk/news/business-39880994

Kris

Sky Fibre
Ashington (Northumberland) Exchange
Standard User RobertoS
(elder) Thu 11-May-17 10:07:06
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Re: BT to Axe 4000 jobs in major restructuring


[re: Kr1s69] [link to this post]
 
It added that the results were broadly in line with the revised outlook that it issued in January
That doesn't seem too surprising. A very basic spreadsheet never mind the financial tools BT possess, (we hope), should have guaranteed that.
and that it intended to continue to increase its dividends to shareholders.
And increasingly rip off its UK customer base across several business units.

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