(Alliance News) – BT Group PLC’s boss said the emergence of artificial intelligence technology could lead to the telecommunications firm deepening job cuts, the Financial Times reported on Sunday.
BT back in May 2023 announced plans to cut up to 55,000 jobs by the end of 2030. The plans were announced under the leadership of Chief Executive Allison Kirkby’s predecessor, Philip Jansen.
But those plans did not “did not reflect the full potential of AI”, Kirkby told the FT.
“Depending on what we learn from AI… there may be an opportunity for BT to be even smaller by the end of the decade,” she said in an interview with the newspaper.
Kirkby also suggested a sale of Openreach is a possibility. The CEO believes the value of the unit, which maintains network infrastructure, is not reflected in the BT share price.
Kirkby said BT “would absolutely have to look at options” if this continues.
BT shares closed 0.1% lower at 185.20 pence each in London on Friday. The stock has risen by just over a third over the past 12 months.
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
