Skip to main content

UK Telecom Firm BT to Cut 55,000 Jobs by 2030 After 5G Network, Fiber Broadband Rollout | Technology News

UK Telecom Firm BT to Cut 55,000 Jobs by 2030 After 5G Network, Fiber Broadband Rollout British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull. BT employs 130,000 staff, including contractors. The group will lower this to between 75,000 and 90,000 people over the next five to seven years, it said in a results statement.

Labels:

Comments

Post a Comment

Popular posts from this blog

OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini | Technology News

OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini OpenAI released two open-source artificial intelligence (AI) models on Tuesday. This marks the San Francisco-based AI firm’s first contribution to the open community since 2019, when GPT-2 was released in open-source. The two new models, dubbed gpt-oss-120b and gpt-oss-20b, are said to offer comparable performance as the o3 and o3-mini models.
Post a Comment
Read more

Amazon Summer Sale 2022 Ends May 8: Best Deals, Offers on Phones, Smart TVs, Laptops Before Sale Ends | Technology News

Amazon Summer Sale 2022 Ends May 8: Best Deals, Offers on Phones, Smart TVs, Laptops Before Sale Ends Amazon Summer Sale 2022 will end on May 8, and customers have two more days to avail of discounts on various products during the ongoing sale. These include lowered prices on smartphones, smart TVs, and laptops. Amazon is also offering exchange discounts along with bank discounts on several products, further lowering the price. Here are some of the best deals you can ...
Post a Comment
Read more