BT moves to calm fears as it rings changes in finance division.
BT is holding meetings across the UK to reassure 500 of its accounting and finance staff of the benefits of a transfer to business services group Xansa as part of a major outsourcing deal.
Meetings took place earlier this week in London, home of the BT Tower (above), and were also planned for Manchester, Birmingham and Bristol to discuss the deal, expected to be finalised by the end of the year.
A spokeswoman would not comment on the meetings but said the planned move to Xansa had been ‘very favourably received’ by staff.
She said ‘nothing had yet been decided’, but insisted staff transferring across would not lose any of their terms and conditions, nor would there be any job cuts.
She added: ‘Staff who are unsure about anything are welcome to speak to us.’
The deal would see Xansa manage BT’s general ledger, sales ledger, accounts payable, business expenses, audit processing and payroll functions and provide them to BT under a long-term service contract.
As part of the deal more than 500 BT staff would transfer to Xansa. Customer billing will remain an in-house BT finance function.
More on this story at www.accountancyage.com/IT/1125515