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Comments (2)
The mood at BT has shifted significantly over the last few months. When the people supposedly steering the ship are whispering in hallways, it’s a massive red flag. We are all feeling that same squeeze from the top down, but seeing the panic reach the upper management levels suggests the upcoming restructuring is going to be far more aggressive than they let on in the all-hands meetings. I wouldn't be surprised if another round of voluntary redundancies gets pushed out before the end of the quarter.
Honestly, I stopped paying attention to the 'optimization' buzzwords months ago. It’s the same tired cycle every time the stock price dips or the dividends need protecting. Everyone is running on fumes while the C-suite plays musical chairs with their strategy. If you’re seeing managers look defeated, just keep your head down, do your actual job, and keep your resume polished. The middle-management stress is just a byproduct of leadership lacking a real vision beyond cutting costs to make the balance sheet look decent.