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BT announces plans to axe around 13,000 jobs over three years

BT is to axe 13,000 jobs over three years as part of cost cutting strategy.
The telephone communication company, which has about 80,000 employees in the UK, said the decision will mainly affect back office and middle management roles.
BT added that it would be hiring around 6,000 new employees "to support network deployment and customer service".
The telecoms firm is also reducing its property footprint, which includes leaving the firm's London headquarters to a site that has yet to be announced.
The job cuts and other measures would help BT to achieve a cost reduction of £1.5 billion.
In a statement the company said it is responding to changes in the telecoms market, adding "it is critical that BT transforms its operating model to build a lean and agile organisation that delivers."
It comes as the firm reported revenues in the last quarter fell by three per cent to £5.97billion, just missing analysts expectations.
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