BT CEO Faces Furious Staff in Town Hall, Says He Can’t Boost Pay

BT CEO Faces Furious Staff in Town Hall, Says He Can’t Boost Pay

BT Group Plc Chief Executive Officer Philip Jansen told incensed staff that the telecom giant can’t afford to pay them more because of soaring costs and low growth while employees threatened to strike.

In the company’s “PJ Live” virtual town hall meeting Wednesday, staff protested, asking for Jansen’s thoughts on workers who are struggling to pay bills. Several others pointed to Jansen’s own pay, which rose 32% this year to £3.5 million ($4.3 million), due to share awards.

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