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The Latest Breaking News from Allison Kirkby

British Telecom Giant BT Announced 55,000 Job Cuts by 2030 — Now Even More Could Go Due to AI

BT CEO Allison Kirkby warned that AI advancements could lead to further job cuts beyond the 55,000 already planned by 2030.

International Business Times UK

BT CEO warns greater job cuts could be coming - and it's all AI's fault

BT already wants to cut 40,000-55,000 jobs by 2030, but artificial intelligence could lead to further redundancies.

TechRadar

AI could lead to more job cuts at BT, says chief executive

Allison Kirkby wants to streamline telecoms company, which is already planning to shed 55,000 workers

The Guardian - UK

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Queens of influence: Meet the women shaping Europe's future

In its 28th year, the annual MPW list recognizes 100 women leading major global companies. This year, 21 listees are at the helm of European companies.

Fortune

BT sees earnings holding firm amid mammoth cost-cutting drive

The group reported underlying earnings up 1% to £8.21 billion in the year to March 31, as cost savings helped offset a 2% fall in revenues.

Evening Standard

Apprentice star and BT boss join Board of Trade

They are among 10 chief executives and business leaders picked to act as advocates and ambassadors for their sectors and support growth.

Evening Standard

BT trading hit by weak phone sales as thousands of jobs go in ongoing revamp

The group reported a 3% drop in revenues to £5.2 billion in its third quarter to the end of December, sending shares lower.

Evening Standard

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Finally BT has a plan: rein in foreign adventures and concentrate on UK

Timing of chief executive Allison Kirkby is good after ‘weaker non-UK trading’ blamed for soft revenue forecast

The Guardian - UK

BT reveals prices will be reviewed under efforts to offset £100m Budget blow

The group joins the likes of Sainsbury’s, Marks & Spencer and Primark owner Associated British Foods in revealing soaring costs from Budget measures.

Evening Standard

BT says budget is set to cost it £100m as it reveals 2,000 more jobs have gone

Firm says changes to employers’ national insurance and minimum wage rise will add to costs as it cuts forecasts

The Guardian - UK

BT slashes sales outlook and axes another 2,000 jobs in ongoing overhaul

The group reported a 10% drop in pre-tax profits to £967 million for the six months to September 30 as revenues fell 3%.

Evening Standard

Scandinavia ‘way ahead’ of UK in telecoms infrastructure, says BT boss

Allison Kirkby points to regulatory and planning environment as well as digital skills and services

The Guardian - UK

New BT boss pledges to put 'Britain first' as she ups dividend to investors

New BT boss Allison Kirkby today set out plans to make the telecom giant a “Britain first” business as she pledged to sell off some parts of the global company and up the dividend to long-suffering shareholders.

Evening Standard

Dow Jones Industrial Average hits 40,000 points for first time; UK reality TV stars charged over FX scheme – as it happened

Strong quarterly results and hope of interest rate cuts drive DJIA to new alltime high

The Guardian - UK

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Fortune

Women are taking over the telecom industry

Allison Kirkby will be BT's first female CEO and the tenth in the FTSE 100.

Zenger

Italian Authority Closes Google Probe, Focuses On Data Portability

Alphabet's Google escapes investigation as Italy commits to enhancing data portability.

Fortune

Telecoms giant appoints first female CEO in its history

Allison Kirkby will be only the tenth female CEO among FTSE 100 companies when she takes the reins in early 2024.

The Guardian - UK

New BT boss is seen as safe pair of hands – but there’s trouble down the line

Allison Kirkby will stick to Philip Jansen’s plan, but there are problems over pensions, unions, rivals and more

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Evening Standard

BT lands new Swedish telecom boss

BT moved quickly today to replace the departing CEO Philip Jansen, hiring company insider Allison Kirkby to take on one of the most demanding jobs in corporate Britain.

The Guardian - UK

BT appoints Allison Kirkby as company’s first female CEO

Former boss of Swedish telecoms firm Telia to continue outgoing Philip Jansen’s cost-cutting drive

Evening Standard

FTSE 100 Live: New boss at BT, Pearson results, UK mortgage approvals, shares flat

BT Group today named Allison Kirkby as chief executive when current incumbent Philip Jansen steps down by early next year.

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Sebastian Siemiatkowski

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