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Virgin Media O2 set to cut thousands of jobs

By ChordNews · First written (new coverage )

Virgin Media O2 set to cut thousands of jobs to reduce costs
Image: bbc.co.uk
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Summary

Virgin Media O2 is set to cut thousands of jobs to reduce costs, according to the BBC's understanding, though the broadband firm has not finalised how many roles will go. TechRadar reports that the company could lay off 4,000 of its 16,000 workers as it tackles company debt.

Later: Virgin Media O2 cuts jobs and pauses fibre rollout · Virgin Media O2 plans thousands of job cuts in £800m savings drive

Timeline

  1. BBC

    Source ↗

    The BBC reports that Virgin Media O2 will cut thousands of jobs; the broadband provider has not finalised the number of roles to be axed, but it will likely be a sizeable chunk of its workforce, the BBC understands.

  2. TechRadar

    Source ↗

    TechRadar reports that Virgin Media O2 could be set to lay off 4,000 of its 16,000 workers amid plans to tackle company debt.

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