BT CEO eyes deeper job cuts as AI becomes more powerful, FT reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 15 2025
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Should l Buy ?
Source: Yahoo Finance
Job Cuts and AI Impact: BT Group CEO Allison Kirkby indicated that advancements in artificial intelligence could lead to even deeper job cuts than the planned reduction of over 40,000 jobs by 2030, suggesting that the company might become smaller as it leverages AI.
Openreach Spin-off Consideration: Kirkby expressed concerns that the value of Openreach, BT's network infrastructure business, is not reflected in the company's share price, hinting at potential options for a spin-off if this situation continues.
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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.
