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| Name | Symbol | Market | Type |
|---|---|---|---|
| BT Group PLC | NYSE:BT | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.57 | 0 | 01:00:00 |
From Jun 2019 to Jun 2024
By Adria Calatayud
BT Group PLC (BT.A.LN) said Wednesday that it will close around 270 office locations across the U.K. as part of a workplace reorganization.
The FTSE 100-listed telecommunications company will consolidate more than 300 office locations to around 30, it said. There will be no job losses as part of the consolidation plan, a BT spokesperson said.
The company said the reorganization is part of a turnaround launched in May 2018. Also as part of the restructuring, BT is leaving its headquarters in London, and is identifying a new home for its business in the capital, it said.
Shares at 1014 GMT were up 0.5% at 202.55 pence.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
June 05, 2019 06:32 ET (10:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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