Bt Is Set to Cut 5,000 Jobs This Year - and the Next ; Telecoms
Birmingham Post › November 09, 2007
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Summary
BT chief executive Ben Verwaayen yesterday confirmed that the telecoms giant is looking to cut another 5,000 jobs this year - mainly white collar - as part of a pounds 450 million restructuring programme.
It came as the group reported a fall in second-quarter profit but gave a confident outlook after strong growth in broadband and IT services.See the full content of this document
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Bt Is Set to Cut 5,000 Jobs This Year - and the Next ; Telecoms
"Every single year we have lost about 5,000 people but we are now talking about management," Mr Verwaayen said.
"We are going to streamline the internal organisation, de-layer the ma...See the full content of this document
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