BT to slash 13,000 jobs to save £1.5billion

BT is planning to cut around 13,000 jobs worldwide over the next three years, as part of a £1.5billion cost-cutting strategy.

The job losses will mostly affect back office and middle-management roles, with two-thirds of the cuts affecting UK staff. BT plans to hire around 6,000 new staff to work in customer service and engineering.