More news today as telecoms giant BT have confirmed to lose 10,000 staff by March 2009. The job losses will mainly affect indirect staff including agency workers, contractors and off shore workers.
BT have said that it has already made cuts of about 4,000 staff and will continue with another 6,000 by March from its global workforce of 160,000. Many of the jobs are in the UK with as many as 4,000 people affected.
The job loses came as the firm announced a 11% fall in pre-tax profit for the July to September quarter.
Ian Livingston BT Chief Executive has said 7000 workers leave the company every year so he didnt envisage any compulsory redundancies.




