Job losses loom at BT

May 2009
People Management;5/21/2009, Vol. 15 Issue 11, p7
The article reports on the plan of telecommunication company BT to cut 15,000 jobs after a decline in profits during the first quarter of 2009. According to BT, many of the cuts could be achieved through natural wastage and voluntary redundancies. BT also said that it will increase its yearly pension contributions from 2009 to 2012.


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