In May 2009, as the global economy reeled from the aftershocks of the 2008 financial crisis, BT Group—the British telecommunications giant—announced plans to cut 15,000 jobs. This decision, framed as a necessary response to plummeting profits and operational inefficiencies, underscored the brutal realities faced by corporations navigating economic turbulence. While the move was strategically rationalized,…
BT’s 2009 Restructuring: A Case Study in Corporate Austerity and Human Cost
