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BT to slash 10,000 jobs

BT is expected to announce it is axing more than 10,000 jobs today on top of&nbsp;a&nbsp;similar cull last November.<br /><br />The telecoms giant is also set to&nbsp;unveil writedowns of more than &pound;1bn at its global services division, heavily reduced profits and a huge pensions deficit. The jobs news will further add to fears over unemployment.<br /><br />BT is also expected to significantly cut its dividend.