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BT Group Plc's Rise in Earnings
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Overview
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BT Group Plc experiences increased adjusted earnings before interest, taxes, depreciation, and amortization in the third fiscal quarter. New CEO Allison Kirkby aims for stable growth and plans to reduce the workforce by over 30% to enhance profits.
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How does the rise in earnings reflect on the broader state of the telecommunications industry?
How might the reduction in the workforce impact the company's overall performance and profitability?
What strategies could Allison Kirkby employ to ensure stable growth and maintain profitability at BT Group Plc?
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