BT `faces big job cuts'

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The Independent Online
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.

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