BT is pressing ahead with cost-cutting as it confronts sharper broadband competition, softer device demand, and structural declines in legacy services. BT reduced its total workforce by about 6% in the first half of its financial year, down to roughly 111,000 employees from 116,000 at the start of the period. The group reported around £250 million in additional annualized cost savings, bringing cumulative savings to about £1.2 billion across the first 18 months of the program and reaffirming a target of £3 billion in annual savings. Group revenue for the six months to September 30 declined about 3% year over year to £9.8 billion. Openreach’s broadband base contracted, with approximately 242,000 fewer broadband customers in Q2 FY25.