British Telecom

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications
15,000 jobs
Number of planned job losses
Job loss
Announcement Date
14 May 2009
Employment effect (start)
Foreseen end date

Description

British Telecoms is to cut 15,000 jobs worldwide. The cuts were blamed on company losses reported by its Global Services unit and amount to 10% of the global workforce. The company committed to implement the redundancies through voluntary means and early retirement and also to keep to a minimum the number of permanent staff who will be affected by the restructuring. As of 17 May 2009 there is no information on which sites and countries will be affected but most of the job losses will occur in the UK.

Sources

Citation

Eurofound (2009), British Telecom, Internal restructuring in World, factsheet number 68906, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68906.