British telecoms operator BT to slash 10,000 jobs

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LONDON, April 13 (AFP): British telecoms operator BT will cut 10,000 jobs when it reveals its preliminary results next month, reports said yesterday.
BT will also make a 1.5 billion pound (2.2 billion dollar) writedown in its under-fire Global Services division and slash its dividend by about 60 per cent, according to the Daily Telegraph's website.
The job losses, which the report said will be in addition to the 10,000 job cuts BT made last year, are expected to be spread across the company's 160,000-strong global workforce.