Telecom Giant BT To Slash Presence In UK By 90%

MOSCOW (Pakistan Point News / Sputnik - 05th June, 2019) British Telecommunications (BT) announced on Wednesday it would shut some 270 offices as part of a consolidation program, in what amounts to a cut of over 90 percent in its UK presence.

"More than 300 BT office locations across the UK will be consolidated to around 30," the company's press release read.

The London-based telecommunications holding company revealed that eight "key locations" will be Belfast, Birmingham, Bristol, Cardiff, Edinburgh, Ipswich, London and Manchester.

"This is a clear signal that BT is committed to the whole of the UK, with locations in all four countries and their capitals," the company stressed.

BT said in May 2018 it would cut some 13,000 of mainly back office and middle management jobs over the next three years as part of effort to save up $1.9 billion it needed to offset revenue pressures.