UK-based telecom major British Telecom will cut 10,000 jobs by March 2009. About 4,000 of the job losses will be direct BT staff, the remaining 6,000 will be from related employees.
The cuts will mainly affect agency and contract staff and offshore workers, the company said, but sub-contractors and other indirect employees would also lose their jobs. BT has also said its India operations won't be affected.
The move to cut jobs comes after the company posted an 11 per cent decline in pre-tax profits at pound 590 million for the September quarter.
A report in The Telegraph said, 'BT has cut its headcount from 250,000 at privatisation in 1984 to 160,000 today and indicated there is scope for more job losses. The company said 4,000 employees have already left the business this financial year and a further 6,000, mostly in the UK, will go by the end of March.'
BT has a global workforce of 160,000.
Image: The British Telecom Tower looms over Primrose Hill in London. | Photograph: Peter Macdiarmid/Getty Images
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