BT Group said it aims to reduce the number of employees from 130,000 to between 75,000 and 90,000 by its 2030 financial year at the latest. Some 30,000 of its current employees are contractors. The job cut will impact both direct and contract workers.
The company has been working through a transformation plan to build a national fiber network under CEO Philip Jansen, as well as rolling out high-speed 5G mobile services.
Philip Jansen said after completing the fibre roll-out, digitising the way it worked, adopting artificial intelligence (AI) and simplifying its structure, BT would rely on a smaller workforce and significantly reduced cost base by the end of the 2020s.
