BT Group merging two units in bid to save £100m a year

BT Group on Friday said it was combining its global and enterprise units to create a new corporate operation, in a move designed to save £100m a year by the end of 2025.

The new unit will be called BT Business. No job loss figures were outlined

BT Enterprise chief executive Rob Shuter will step down in a few months to “spend more time with family and on his personal interests”, BT said, with BT Business led by Bas Burger, the current CEO of the global unit.

The merger will leave BT with three customer-facing units: consumer, business and Openreach which installs infrastructure such as broadband.

Reporting by Frank Prenesti for Sharecast.com