BT opts to close graduate scheme from next year

September 2009
People Management;9/10/2009, Vol. 15 Issue 19, p9
The article announces the plan of BT to put an end to its graduate program by 2010 amidst the global economic crisis. The telecommunication company said in May 2009 that 15,000 jobs would be cut following a profit decline. However, BT reiterated that the closure of the program was indefinite and that it would not affect the policy of the company. A survey conducted by the CBI indicated that 38 percent of the companies were discontinuing their recruitment program for graduates, while a 10 percent would be reducing placements.


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