BT to axe up to 55,000 jobs by 2030 as it pushes into AI

Telecoms group aims to become ‘leaner’ as it cuts more than 40% of its 130,000 global workforce

BT has said it will become a “leaner business” as it announced plans to reduce its workforce by as much as 55,000 by 2030, more than 40% of its global employee base, in a cost-cutting drive.

The telecoms company employs about 130,000 staff globally, with approximately 30,000 of those contractors through third parties, and has about 80,000 staff in the UK.