BT mulls redundancies for a quarter of staff – report
BT is considering further redundancies to increase profitability at the firm, with 25,000 jobs, a quarter of its employees, under threat.
BT is considering further redundancies to increase profitability at the firm, with 25,000 jobs, a quarter of its employees, under threat.
The Communication Workers Union (CWU) has decided to prove its worth by shaming O2 as the Christmas Grinch with its redundancy message to employees.
Nokia has announced it will be reducing its workforce to cater for the Alcatel-Lucent integration and future market challenges or trends.
Canadian vendor Research In Motion has announced that it is to lay off 2,000 staff as part of the cost-cutting programme the firm unveiled in June. The Blackberry manufacturer said that the cuts, which will affect more than ten per cent of its workforce, were “a prudent and necessary step for the long-term success of the company.”
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