Britain's BT commits to no job losses over coronavirus
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[April 06, 2020] LONDON
(Reuters) - The head of Britain's biggest telecoms firm BT <BT.L> said
he would donate his salary to health workers for at least six months and
award a pay rise to his frontline staff who are maintaining broadband
networks during the coronavirus shutdown.
Philip Jansen, one of Britain's richest executives from his time
overseeing the flotation of payments processor Worldpay, also said the
company committed to no job losses related to the health crisis for at
least three months.
A previous commitment to make an award of 500 million pounds ($615
million) worth of shares to all employees will also go ahead.
"This is an unprecedented situation and I want to give our people some
certainty about the months ahead," he said. "This period requires
sacrifices from us all, and I want our people to know we are all in this
together," he said.
Jansen tested positive for COVID-19 in early March, forcing him to work
remotely from home.
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Company's logo is displayed at British Telecom (BT) headquarters in
London, Britain, November 15, 2019. REUTERS/Simon Dawson/File Photo
Providing the country's biggest broadband, phone line and mobile network, BT is
battling to maintain connectivity as millions of people work from home.
In recent days it has also had to contend with arson attacks and the abuse of
some staff from people who believe that 5G masts play a role in spreading the
virus.
($1 = 0.8131 pounds)
(Reporting by Kate Holton; editing by James Davey)
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