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BT.A Bt Group Plc

105.00
0.30 (0.29%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 0.29% 105.00 105.30 105.40 105.70 104.30 105.30 23,300,181 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.50 10.48B

BT Group Faces Potential Nationwide Strike Over Reorganization Plans

05/11/2020 4:37pm

Dow Jones News


Bt (LSE:BT.A)
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By Adria Calatayud

 

BT Group PLC could face the first national strike by its employees in more than two decades over the company's reorganization plans.

The U.K.'s Communication Workers' Union said it will hold a consultative ballot among its members in BT Group and BT's Openreach and EE businesses between Nov. 19 and Dec. 10 that could lead to a vote on whether to take industrial action.

In May 2018, the U.K. telecommunications company said it would cut 13,000 jobs over three years. In May this year, the company said the first phase of its transformation program was complete, and that it was targeting cost reductions of 2 billion pounds ($2.60 billion) by March 2025.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

November 05, 2020 11:22 ET (16:22 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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