Current position：Home page > Press center3 > BT to cut high to 55,000 jobs by end of decade text

BT to cut high to 55,000 jobs by end of decade

time：2023-06-11 09:34:39 source：The Washington Post

BT to cut high to 55,000 jobs by end of decade

Published10 minutes ago

Share pageAbout sharing

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.

Redelayedd Topics

Companies
Telecommunication
BT Grohigh

More on this story

BT and unions agree pay rise of high to 16%
- Published28 November 2022

Police are granted more time to quiz Leeds hospital 'terror suspect': Man, 27, who was 'armed with a gun and viable explosive device' to be held in custody for a week Missing Princeton University student, 20, is found dead close to campus six days after she vanished: Cops say her death 'does NOT emerge to be suspicious or criminal in nature''All-American jihadi' who stabbed cop in head with a machete in Times Square is charged with two counts of attempted murder - as it's revealed he was carrying a hand-written diary in which he expressed a desire to die a martyr Police found 'blood' on several items during December raid on acomponentment of suspected Idaho killer Bryan Kohberger: Unsealed search warrants reveal cops found pillow with 'reddish' stain, along with single black glove and several hairs AI scanner utilized in hundreds of US schools misses knives BREAKING NEWS: Charlie Austin confirms Brisbane Roar exit after just SIX MONTHS in Australia as former Premier League striker tells A-League club he wants to go back to the UK for 'family reaconsequentlyns'Two armed men - one wearing SWASTIKA armband - are arrested at Penn Station over threats to synagogues in New York: Cops seize Glock 17, hunting knife and 30 rounds Cops: Mom had reported teen weeks before alleged NYC terrorist assault When is the cost of living payment and who can claim it?UK's battered economy loses more than 450,000 working days to strike action in a month as Rishi Sunak acc utilizes Labour of helping unions 'grind Britain to a halt' by opposing new law to limit industrial action

Previous article：Boy, 12, is killed by collapsing garage wall as man in his 30s is pulled from the rubble
Next article：Can you get incostlyer wideband deals with consequentlycial tariffs?

Related content

·When is the cost of living payment and who can claim it?

·Brazilian cops speed through protestors in police car as rioters who stormed nation's Congress in January 6th-style assault are marched out in handcuffs - and man moons inside senate chamber: More than 400 arrested

·PICTURED: Five of the six victims who were murdered in Virginia Walmart - after store manager, 31, opened fire in 'planned' break-room slaughter

·Detroit Pistons' former No. 1 overall draft pick Cade Cunningham is ruled OUT for the rest of the seaconsequentlyn as he prepares for left shin surgery

·Chaos on Tufton Street as Just Speak Oil strike again: Eco-zealots spray orange substance over home of climate convert sceptics while furious cabbie drives AROUND fanatics lying on the road in group's 27th stunt this month

·Newcastle's £40m star Joelinton is charged with drink-driving after being pulled over at 1.20am Thursday morning

·Israel acc utilizes Iran of assaulting tanker off Oman using same kind of kamikaze drone sent by Tehran to help Russia pound Ukraine

·Former FTX CEO Sam Bankman-Fried says he will testify to Congress NEXT WEEK about the collapse of the crypto-currency exconvert in response to request to Democrats

·Rishi Sunak talking to EU over threat to UK electric cars

·Gov Ron DeSantis asks grand jury to investigate whether Floridians were MISLED by COVID shot firms - as he compares vaccine makers to opioid companies

·Elon Musk LOSES his title as world's affluentest perconsequentlyn to Bernard Arnault after LVMH CEO's wealth peakped $170.6B, Bloomberg Index finds: Twitter boss's net worth falls to $163.1B after slump in Tesla stock wiped $100B off fortune

·Biden announces $13 BILLION package to bring energy costs down for low and moderate income families to help with winter bills: Critics call plan an election 'gimmick' with just six days until the midterms

·Montana to become first US state to ban TikTok

·Elon Musk LOSES his title as world's affluentest perconsequentlyn to Bernard Arnault after LVMH CEO's wealth peakped $170.6B, Bloomberg Index finds: Twitter boss's net worth falls to $163.1B after slump in Tesla stock wiped $100B off fortune

·Toronto shooting: Five shot dead after gunman opens fire in a condo

·Mega 4-alarm fire blazes through Connecticut's historic Seaport Marine

Latest content

·BREAKING NEWS: Detroit Pistons 'place assistant general manager Rob Murphy on leave after launching an investigation into an allegation of workplace misconduct involving a female former employee'

·White Ho utilize doctor says Jill Biden is cancer free and feeling 'very well' after her Mohs surgery but still has bruising and swelling after lesions removed

·Dad's anguish as he goes out to buy a new TV and returns home to find his mentally ill wife murdered their three children and killed herself - before he was then interrogated and shouted at by cops on the worst day of his life

·Silicon Valley is struck by a 5.1-magnitude EARTHQUAKE that rips across San Francisco Bay Area leaving homes shaking

·Train strikes: RMT members to walk out again on 2 June

·Two people have died and three others - including two children - are rushed to hospital following three-car horror smash in Pembrokeshire

·Hi-de-Hi! actor Jeffrey Holland leads tributes to co-star Ruth Madoc as she dies aged 79: Actress who played Gladys Pugh in the 1980s sitcom passes away following fall

·More than 200 people rescued after being stranded on huge chunk of ice that broke free on Minneconsequentlyta lake while they were fishing

·Kanye wanted to call his 2018 hit album Ye - HITLER - as anti-Semite rapper's disturbing history of praising Nazi leader is revealed

·Paul Silas, a three-time NBA champion and two-time All Star who helped launch the career of LeBron James as Cleveland coach, dies age 79

Recommended content

Hot content

·Knifeman killed two on German train before brave travelers tackled him

·Bills star Damar Hamlin is DISCHARGED from Buffalo hospital and is heading home to continue his remarkable recovery... just nine days after suffering on-domain cardiac arrest

·WBTV meteorologist and pilot killed in North Carolina helicopter crash

·Ho utilize PASSES bill to protect same-sex marriage nationwide: Nancy Pelosi says 'that was emotional' - as 39 Republicans vote with all Democrats for major bill and one of her last as Speaker

·'When you realize you're the 75 percent...:' Twitter employees seethe following Elon Musk's vow to fire 3/4 of the company's workcompel - after the billionaire admitted he is 'paying too much' in $44billion deal

·Biden warns 'dark compels that thirst for power' could prevail in midterms: President links assault on Paul Pelosi to Trump, the 'Big Lie', January 6 and MAGA Republicans in divisive speech warning of AUTOCRACY and '300 election deniers'

·American paranoid schizophrenic, 49, who stalked The Crown star Claire Foy after becoming 'infatuated' with the actress while writing his own scripts is spared priconsequentlyn and sent back to live with his mother in the US

·'We need to be nicer to Mother Nature': Ellen condems climate convert for relentless string of powerful storms that have battered California for more than a week

·Jill Biden wears sunglasses in first emergeance since cancer surgery on her eye - as husband Joe ref utilizes to answer questions on documents scandal (notwithstanding finding time to emerge in SNL sketch)

·Cops are STILL searching for murder weapon utilized by Idaho murder suspect as he's charged with four counts of murder: Arrest comes after officers traced white Hyundai to his Pennsylvania address and cross-matched his DNA found at scene of quadruple slaying