BT chief planning to axe 55,000 jobs takes home 3.1m in pay

The boss of BT which is planning to shed up to 55,000 jobs by the end of the decade took home 3.1million last year.

Chief executive Philip Jansen bagged a 1.8million bonus on top of 1.3million pay. But his 3.1million was down from 3.35million the previous year.

The group, which also owns mobile networks EE and Plusnet and full-fibre broadband network Openreach, last month unveiled drastic plans to rely on fewer staff and a reduced cost base.

BT has invested billions in its full-fibre broadband in Britain. But once this is complete, it will not need as many engineers.