Thursday, May 14, 2009

BT to shed a further 15,000 jobs

BBC: BT to shed a further 15,000 jobs

BT has said it will cut about 15,000 jobs this year, mostly in the UK, and has reported an annual loss of £134m.
The firm also said it had cut 15,000 jobs in the past year, which was 5,000 more than expected.

Posted by doomwatch @ 08:34 AM (607 views) Add Comment

8 Comments

1. inbreda said...

Thank goodness these soon to be unemployed people will not have to worry about negative equity given the green shoots in the housing market.

I think the commentators and politicians need to get real. I don't understand how they reconcile always having to be upbeat, with look like idiots when their blatantly fictional predictions predictably fail to materialise.

Thursday, May 14, 2009 08:56AM Report Comment
 

2. japanese uncle said...

Some green shoot, isn't it? 'Black chute' may be more appropriate

Thursday, May 14, 2009 09:12AM Report Comment
 

3. wdbeast said...

Or maybe brown chite!

Thursday, May 14, 2009 09:35AM Report Comment
 

4. Sold My Soul To The Never Never Never said...

wdbeast @ 3 - Thanks for giving me a good chuckle this morning. I'll remember that line for the future.

A whole new propaganda marketing campaign - NOT!

Thursday, May 14, 2009 10:20AM Report Comment
 

5. jack c said...

Lets all sing together

This town, is coming like a ghost town
All the clubs have been closed down
This place, is coming like a ghost town
Bands won't play no more
too much fighting on the dance floor

Do you remember the good old days
Before the ghost town?
We danced and sang,
And the music played inna de boomtown

This town, is coming like a ghost town
Why must the youth fight against themselves?
Government leaving the youth on the shelf
This place, is coming like a ghost town
No job to be found in this country
Can't go on no more
The people getting angry

This town, is coming like a ghost town
This town, is coming like a ghost town
This town, is coming like a ghost town
This town, is coming like a ghost town

Thursday, May 14, 2009 10:28AM Report Comment
 

6. doomwatch said...

This was one of Maggie's 1st big privatisations, the money from which helped to keep taxes low for her Tory pals & ruling class.

But the "no brainer" gravy train came to an end, and now these Maggie chickens are all coming home
to roost again. Part Nationalisation of BR, etc. The BT share price is around the same as it was when it floated
in 1984.

Tax payer gets screwed both ways by this most un-democratic system.

The champagne is on ice Margaret.

Thursday, May 14, 2009 10:30AM Report Comment
 

7. jack c said...

As Tony Benn rightly (IMO) pointed out long ago "they sold the British public something they owned in the first place"

Thursday, May 14, 2009 01:35PM Report Comment
 

8. peeping tom said...

The 'Ghost Town' has been in recession since 2003, when Massey Ferguson closed, followed by Jaguar followed by Peugeot, not to mention most of the the support industries. It amazes me to think that some people think the recession only started within the past year. Still those places which were still booming up until last year will be harder hit. After all, the bigger the boom, the bigger the bust.

Thursday, May 14, 2009 09:32PM Report Comment
 

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