BT boss Kirkby expects AI to deepen job cuts, FT reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 15 2025
0mins
Source: Reuters
Job Cuts and AI Impact: BT Group's CEO, Allison Kirkby, indicated that advancements in artificial intelligence could lead to even deeper job cuts beyond the planned reduction of over 40,000 jobs by 2030, as the company aims to save £3 billion ($4 billion) in costs.
Openreach Spin-off Consideration: Kirkby suggested a potential future spin-off of Openreach, BT's network infrastructure business, if its value remains undervalued in the company's share price, although BT stated that this is not an active consideration at present.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
