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    BT.A   GB0030913577

BT GROUP PLC

(BT.A)
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BT to Recruit Around 1,000 Staff for Birmingham Hub Amid Office Restructuring

09/16/2021 | 04:51am EDT

By Adam Clark

BT Group PLC said Thursday that it will recruit around 1,000 staff for its new office in Birmingham, England.

The telecoms company said there are around 225 roles currently available in areas such as digital, data, analytics, sales and human resources. BT said the office was its first major regional hub to open outside London and will eventually have around 3,500 staff.

The company is reducing its locations to around 30 from more than 300. Other regional hubs are planned for Manchester, Bristol and a new headquarters in London.

In 2018, BT said it would cut 13,000 jobs over three years, or about 12% of its workforce, in order to save 1.5 billion pounds ($2.08 billion), but also hire about 6,000 employees.

Write to Adam Clark at adam.clark@dowjones.com

(END) Dow Jones Newswires

09-16-21 0651ET

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Analyst Recommendations on BT GROUP PLC
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Financials
Sales 2022 21 024 M 29 013 M 29 013 M
Net income 2022 1 587 M 2 190 M 2 190 M
Net Debt 2022 18 427 M 25 430 M 25 430 M
P/E ratio 2022 8,49x
Yield 2022 5,34%
Capitalization 13 631 M 18 820 M 18 811 M
EV / Sales 2022 1,52x
EV / Sales 2023 1,55x
Nbr of Employees 99 700
Free-Float 74,2%
Chart BT GROUP PLC
Duration : Period :
BT Group plc Technical Analysis Chart | BT.A | GB0030913577 | MarketScreener
Technical analysis trends BT GROUP PLC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 137,55 GBX
Average target price 188,04 GBX
Spread / Average Target 36,7%
EPS Revisions
Managers and Directors
Philip Eric Rene Jansen Chief Executive Officer & Executive Director
Simon Jonathan Lowth Chief Financial Officer & Executive Officer
Ulrica Fearn Group Finance Director
Jan Petrus du Plessis Chairman
Howard Watson Chief Technology Officer
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