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BT slashes workforce as Talktalk takeover adds to turnaround challenge
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BT slashes workforce as Talktalk takeover adds to turnaround challenge
BT has cut its workforce by 11 per cent as boss Allison Kirkby presses ahead with an overhaul of the telecoms giant, just weeks after rescuing struggling rival Talktalk from administration. The cost-cutting drive helped push pre-tax profits up 12 per cent to £1.1bn in the six months to September, despite revenue growing just one [...]
5 Nov, 07:30
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