British telephone group BT will cut 55 jobs by 2030 Millennium Group

he British Telephone Group BT It will suppress up to 55 thousand functional positions By 2030, after two years of cost-cutting in a difficult economic context.

In late 2020, BT Group will have a more restricted workforce and significantly reduce costs,” the company’s CEO, Philip Jansen, said in a statement.

this They account for up to 42 percent of the 130,000 people who work for BTeither directly or through intermediaries.

On Thursday, the group claimed that Plan to reduce your costsAnd Applying since April 2020, on track, “With total savings of £2.1 billion” ($2.6 billion), it is close to its target of £3 billion.

in its fiscal year ending at the end of March, BT saw its turnover drop by 1 percent, up to 20.7 billion pounds, although a 4 percent increase was recorded by its Openreach subsidiary, which is responsible for publishing Optical fiber in the UK.

His net profit increased dramatically by 50 percent, But it was mainly due to an exceptional tax credit linked in part to a transfer BT Sports TV.

for him Profit before taxes It fell 12 percent to 1.7 billion pounds.

compatriot and competitor Mobile phone Vodafone On Tuesday announced 11,000 job cuts over the next three years Try to improve your competitiveness After unsatisfactory results.

this It represents just over 10 percent of Vodafone’s workforceWhich was 104 thousand workers in 2022.

These job cancellation ads are registered at The context of a crisis in the UK due to the skyrocketing cost of livingwith economic inflation of at least 10 percent – the highest in the G7 – and economic uncertainty.

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