香港新浪網 MySinaBlog
« 上一篇 | 下一篇 »
ray | 14th Nov 2008, 08:42 AM | 股票諸事 | (133 Reads)
LONDON, London (AP) -- Shares at BT, Britain's largest phone company, surged 11 percent Thursday after the company announced it is cutting 10,000 jobs this year to boost earnings and said net profit for the second quarter rose 18 percent on higher sales.

The majority of job cuts will hit workers employed through outside agencies, contractors and offshore workers, and represents a 6 percent reduction in BT's global work force, the company said.

Net profit for the three months to September 30 was £400 million ($595 million), up from £339 million a year earlier.

Revenue for the period rose to £5.3 billion ($7.9 billion) from £5.1 billion.

Chief executive Ian Livingston said the job cuts, which will be made by March of next year, were a necessary part of the company's previously announced scheme to reduce costs by as much as £800 million ($1.2 billion) this year.

"We continue to expect BT group revenue to grow for the full year," Livingston said.