The latest
BT has said it will be getting rid of 4,000 jobs across the globe as part of a new major restructuring plan.
The telecoms firm is looking to simplify its Global Services operations and it said most of the posts will be going into back-office and managerial sectors.
The new plan follows an accounting scandal at the Italian part of Global Services. This cost BT more than £500m.
As well as this BTs chief executive and its now-departed finance director will lose out on their annual bonuses due to the scandal.
BT said that both Gavin Patterson and Tony…
Read the full article at: http://www.londonlovesbusiness.com/business-news/business/bt-to-cut-4000-jobs-in-major-restructuring-plan/15688.article