BT `faces big job cuts'
BT `faces big job cuts'
British Telecom will have to cut over 100,000 jobs if it goes ahead with a proposed fibre-optic information superhighway deal with Labour, a City analyst has claimed. According to a weekend press report, James Dodd of Kleinwort Benson Securities has suggested the reduction, amounting to around three-quarters of the current workforce, would come as a result of the lower maintenance costs with fibre-optic cable.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies