BTPS agrees 2023 triennial pension valuation and reveals drop in deficit
The £37bn BT Pension Scheme (BTPS) has agreed its 2023 triennial funding valuation with BT Group – revealing a £4.28bn fall in its deficit.
Source: professionalpensions.com
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Smith & Nephew appoints two new independent Non-Executive Directors
Smith & Nephew appoints two new independent Non-Executive Directors
Source: directorstalkinterviews.com
BT to cut up to 55,000 jobs and replace a fifth with AI
Scale of redundancies at telecoms giant risks reigniting row with unions
Source: telegraph.co.uk
BT to Cut up to 55,000 Jobs by 2030 as Fiber and AI Arrive
LONDON—BT Group, Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030—potentially over 40 percent of its workforce—as it completes its fiber roll-out and adapts to new technologies such as AI. The company has been working through a transformation plan to build a national fiber network under boss Philip […]
Source: ntd.com