U.K. telco giant BT is scheduled to report its full-year 2008 financial results this week, and The Times Online reports that some analysts expect the company may need to reduce its workforce by at least another 10,000 jobs after cutting about that many in the last year or so. All eyes also will be on the results from BT's Global Services efforts. The unit, being split into three different divisions, still may face further losses and restructuring charges. The report comes almost a year to the week that Ian Livingston took over as CEO of BT upon the departure of Ben Verwaayen.
- The Times Online has this story
Verwaayen left BT at the end of May 2008