Ex-BT boss pockets £3.7m final pay deal as group plans to axe 55,000 jobs

Ex-BT boss pockets £3.7m final pay deal as group plans to axe 55,000 jobs

Philip Jansen announced sweeping job cuts during same financial year covered by pay and bonus package

BT’s former chief executive Philip Jansen has been awarded his largest pay and bonus package, a £3.7m reward for the same year in which he announced plans to cut 55,000 jobs at the telecoms company by 2030.

The pay deal for Jansen, who was nicknamed Food Bank Phil after the company set up a “community pantry” for call centre staff struggling to make ends meet, was revealed in BT’s latest annual report.

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