News

BT announced this year that it would cut 30,000 jobs - 20% of its workforce. The majority of the jobs will go from the United Kingdom, where BT employs 100,000 of its 147,000 staff.



Communications unions demanded that BT refuse to pay executive bonuses this year. Despite this, the company is paying CEO Ian Livingston £343,000. Francois Barrault, the previous head of the failing Global Services division which is largely responsible for the company's losses in 2008, received payments adding up to £2.85 million for his work during the year.



At the same time, the company is refusing pay increases for the majority of its workforce and is continuing pressure to cut jobs and costs. Andy Kerr, CWU deputy general secretary, has commented on executive pay: "BT must look at the big picture when it comes to remuneration. All BT staff deserve a share in company success, not just those at the top."