Sunday, 9 May 2010

BT cuts 35,000 jobs as annual results reveal £1bn pre-tax profits

The Sunday Telegraph understands that the former state-owned telecoms giant will tell investors it has exceeded its headcount reduction target by about 5,000.

The company had pledged to cut 15,000 jobs in the year to April on top of the 15,000 cut in 2008. It is understood the majority of the jobs were cut in the UK, although many were agency and temporary staff rather than full-time BT employees. more...


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