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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 to Close Around 270 UK Offices Amid Reorganization

05/06/2019 11:47am

Dow Jones News


Bt (LSE:BT.A)
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From Apr 2019 to Apr 2024

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   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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