BT posts huge 4Q loss, to cut 15,000 more jobs

Courtesy Newsvine - business  Thu, 05/14/2009 - 04:41

Telecommunications company BT Group PLC said Thursday it expects to cut another 15,000 jobs in the next year after its Global Services division dragged the company to a fourth quarter loss of nearly 1 billion pounds.


 

Related items

BT full-year net profit up 46 pct
Telecommunications company BT Group PLC on Thursday reported a 26 percent increase in net profit in the three months ending March 31, finishing a year in which cost cutting helped boost the...

Taser reports 4Q loss on sales decline
Taser International Inc. said Wednesday it posted a fourth-quarter loss on a downturn in sales because of lower demand from law enforcement and military customers.

Encore Wire posts 4Q loss
Copper wire maker Encore Wire Corp. said Wednesday that it had a fourth-quarter loss on a drop in sales for building wires.

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com