BT to axe 13,000 jobs and leave London HQ

BT is to axe around 13,000 jobs over three years as the telecoms giant aims to cut costs.

The company said the job losses would mainly affect back office and middle management roles.

There are also plans to exit the BT headquarters in central London.

It comes as BT looks to cut costs by around £1.5 billion by the third year of its revamped strategic plan.

The telecoms firm added that it would be hiring around 6,000 new employees "to support network deployment and customer service".


More in this Section

US confirms talks on trade deal with Britain to begin immediately after Brexit

Monitor shows Irish women more likely to start a business than most of their EU counterparts

Google to charge device makers a fee for access to key Android apps in the EU

Index shows weak growth in consumer spending prior to Budget


Breaking Stories

A question of taste: Sinead Dunphy

Ten to see at Cork Film Festival

Women’s Enterprise Day: Go forth and be successful

The devastating consequences of alienation for children

More From The Irish Examiner