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BT Group, the British telecommunications company, is exploring deeper job cuts driven by advancements in artificial intelligence (AI). CEO Allison Kirkby indicated that AI could further streamline operations beyond the existing plan to eliminate over 40,000 jobs and reduce costs by £3 billion by 2030. This follows an earlier announcement in 2023 to cut up to 55,000 positions, including contractors. The discussions also involve a potential spin-off of Openreach, BT's infrastructure division. These developments highlight BT Group's strategic shift towards automation and efficiency in response to evolving technology and market demands.
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BT Plans Deeper Job Cuts Amid AI Advancements and Potential Spin-Off of Openreach
BT Group's Chief Executive, Allison Kirkby, has indicated that advancements in artificial intelligence (AI) may lead to deeper job cuts than previously anticipated. In an interview with the Financial Times, Kirkby stated that BT's existing plan to eliminate over 40,000 jobs and reduce costs by...- ChatGPT
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