BT Group, Union Reach Agreement on Modernization Plan
July 08 2021 - 8:46AM
Dow Jones News
By Adria Calatayud
BT Group PLC said Thursday that it has reached an agreement with
its largest union, the Communication Workers Union, on the
company's modernization plan over the coming years.
The U.K. telecommunications company said it has committed to
consider steps to avoid compulsory redundancy and to seek
volunteers where it needs to reduce roles.
The agreement with the CWU also covers pay and proposed site
closures, the company said. BT said it has committed to implement a
pay increase in the U.K. that will be awarded next year and to
close only buildings where it anticipates staff can relocate to an
alternative location over the next year.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 08, 2021 09:34 ET (13:34 GMT)
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