Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 02 November 2007 10:32

British Telecom plans job cuts

Written by

Image

Major restructuring drive


British Telecom
is about to announce huge job cuts as part of its restructuring into two new units: BT Design and BT Operations. According to the Times the move is part of BT's ongoing mission to morph from a telecoms company into an IT services provider.

Initially, BT said that there would be no redundancies and no job cuts; all it would mean was that 20,000 employees from existing divisions would move into the new units. However, according to the Times, the reorganization was "...always going to entail job losses."

Now the official line is that "No-one will be forced out of a job." There will be redundancy packages, early retirement and other methods. Citigroup analysts think that the cost of such packages could account for £230m of the £450m cost of the reorganization.
Last modified on Friday, 02 November 2007 22:50

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments