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BT CEO Warns AI Could Drive Deeper Job Cuts and Restructuring Moves

The comments underscore BT’s broader plan to adapt to advanced technologies following recent gains from fibre broadband demand plus £900m in cost savings

A view of BT Group logo displayed on BT tower, in London, Britain, July 21, 2023. REUTERS/Hollie Adams
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Allison Kirkby took over as chief executive of BT last year

Overview

  • Allison Kirkby said AI advances may push cuts beyond the 40,000–55,000 roles already slated for elimination by 2030
  • She signalled that continued undervaluation of Openreach could force BT to spin off its network infrastructure arm
  • BT has rolled out generative AI across sales and customer service, with EE’s virtual assistant Aimee handling up to 60,000 interactions a week
  • Strong demand for fibre broadband and targeted cost reductions helped shore up full-year earnings and bolster cash flow
  • BT is weighing a potential takeover of rival TalkTalk as part of its efforts to reshape the group’s portfolio