UK's British Telecom on Thursday announced a 'drastic' job cut that will result in the lay-off of 50,000 staffers by 2030. This cut will account for 42 per cent of BT's workforce, which currently employs around 130,000 staff, including contractors, as per AFP news agency.

British Telecom to make ‘drastic’ job cuts, lay off 55,000 staffers by 2030 in cost-cutting measure

Britain's telecom companies could be fined up to 10% of turnover or 100,000 pounds ($133,140) a day if they contravene a ban on using equipment made by China's Huawei Technologies Co Ltd under a new law put forward on Tuesday. The government said that, The Telecommunications (Security) Bill will boost the security standards of the UK’s telecoms networks and remove the threat of high-risk vendors.

Britain's telecom companies could face fines for using suppliers deemed high-risk

british-telecom-company

British Telecom Company, News on British Telecom Company, stories on British Telecom Company, articles on British Telecom Company, British Telecom Company stories at Wion, British Telecom Company news, British Telecom Company latest news

british telecom-company

British Telecom to make ‘drastic’ job cuts, lay off 55,000 staffers by 2030 in cost-cutting measure

Britain's telecom companies could face fines for using suppliers deemed high-risk