The announcement of 10,000 British Telecom Job Losses has been announced as a 'the latest gloomy news' for the economy.
Is that the truth? Read the article and the announcement from BT makes is clear that the job losses are part of an ongoing efficiency drive and likely to come from natural wastage rather than the scythe of the corporate cut backs director.
Associating this news with the state of economy is misleading.
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