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April 22, 1992

BT EMPLOYEE GETS HIS CAKE AND EATS IT

By CBR Staff Writer

British Telecommunications Plc has started telling its staff about the redundancy schemes that they will be invited to join: dubbed Release ’92, the scheme includes some rather attractive payments – the sooner they leave the more attractive – and the chance to join part time specialist IBM UK Ltd spin-out company Skillbase Ltd; managers received a letter this week detailing options; meanwhile there are rumours of one canny employee that took advantage of the last generous redundancy package offered and immediately applied, and got, another job – also within British Telecom!

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