Virgin Media O2 reportedly to cut thousands of jobs
Virgin Media O2 could cut up to 4,000 of its 16,000 employees, with most cuts expected in non-customer-facing roles, a report said. The company declined to comment.
1. Potential job cuts
Virgin Media O2 could cut up to 4,000 of its 16,000 employees in a shakeup, with the precise number not finalised. Most cuts are expected to affect non-customer-facing roles, and some senior leadership changes are already under way.
2. Cost review
The company is also expected to review its use of contractors and suppliers to reduce costs. Its owners are Liberty Global and Telefonica.
