BT to axe 4,000 staff after profits slump - but will reconsider fibre-to-the-premises

Sooraj Shah
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BT CEO Gavin Patterson had to forfeit his £3m bonus as a result of a 'challenging year'
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BT CEO Gavin Patterson had to forfeit his £3m bonus as a result of a 'challenging year'

BT will explore potential of laying fibre into homes and premises after years of claiming there was no demand for it

BT is to cut 4,000 jobs as part of a restructuring programme that, it claims, will save it around £300m over two years, after its annual profits dropped by 19 per cent. But the company has softened...

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