BT to cull up to 55,000 jobs in transformation effort

UK operator group BT plans to shed more than 40 percent of staff, all in the name of agility.
The revelation appeared as a small bullet point in the telco’s full-year results – published on Thursday – under a section outlining BT’s transformation plans for the rest of this decade.
In addition to redundancies, the plan includes extending Openreach’s FTTP network to up to 30 million premises passed, with a targeted take-up rate of 40-55 percent. It also wants to sign