Jump to content
House Price Crash Forum
Sign in to follow this  
Goodafterbad

Jobs going at BT in London

Recommended Posts

I find it amazing that so many companies can afford to base themselves in London/South East. 

In this day and age, physical location matters very little, and having offices in London probably means at least a 25% premium on salaries for staff based there let alone other costs (rents, business rates etc).

I get that there is potentially a bigger talent pool but cities like Manchester, Birmingham and Leeds still have a lot to offer.

Share this post


Link to post
Share on other sites

I think the important thing to note is not BT cutting 13k jobs. But BT leaving its London HQ to cut costs. If a company the size of BT cant afford it, expect many to follow suit.

I wouldnt be suprised if they relocated to Slough or Reading. Most people commute anyway, especially senior people. So why not have an office where people live?

Share this post


Link to post
Share on other sites
8 minutes ago, 999house said:

I think the important thing to note is not BT cutting 13k jobs. But BT leaving its London HQ to cut costs. If a company the size of BT cant afford it, expect many to follow suit.

I wouldn't be surprised if they relocated to Slough or Reading. Most people commute anyway, especially senior people. So why not have an office where people live?

People actually live in Slough or Reading?? Christ.

Share this post


Link to post
Share on other sites
3 minutes ago, Shrink Proof said:

People actually live in Slough or Reading?? Christ.

Hey Slough most desirable city to live in the UK on a (insert what you think) ranking

Share this post


Link to post
Share on other sites
1 hour ago, oatbake said:

I find it amazing that so many companies can afford to base themselves in London/South East.

Particularly when you effectively own the communications infrastructure.

Share this post


Link to post
Share on other sites
22 minutes ago, 999house said:

I think the important thing to note is not BT cutting 13k jobs. But BT leaving its London HQ to cut costs. If a company the size of BT cant afford it, expect many to follow suit.

I wouldnt be suprised if they relocated to Slough or Reading. Most people commute anyway, especially senior people. So why not have an office where people live?

Not sure I would recommend Slough or Reading, both quite expensive.

 

In a funny way, a company having a large HQ seems a little out dated (although I realise a lot of technology companies have also gone down that route)

Share this post


Link to post
Share on other sites
13 minutes ago, Freki said:

Hey Slough most desirable city to live in the UK on a (insert what you think) ranking

That was actually one of the funniest stories I have ever read. Slough is an absolute dump and Reading is not much better.

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.