BT Plans to Cut 55,000 Jobs by 2030 with AI and Fibre Implementation.
TL;DR Summary
BT Group plans to cut up to 55,000 jobs in the next five to seven years, reducing its total workforce to between 75,000 and 90,000 by 2028-2030, from 130,000 at present. The UK telecom company aims to use technology to cut costs and simplify its business. CEO Philip Jansen said the new BT Group will be a leaner business with a brighter future. The move follows Vodafone's announcement earlier this week that it would cut 11,000 jobs over three years.
- BT will shed as many as 55,000 workers by 2030 CNN
- BT to cut 55,000 jobs with up to a fifth replaced by AI BBC
- British telecom giant BT to cut up to 55,000 jobs by 2030 CNBC
- BT to cut up to 55000 jobs by 2030 as fibre and AI arrive Reuters
- BT sets plan to cut 55,000 jobs by end of decade as it forecasts drop in cash flow MarketWatch
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