LIVE

AGGREGATED External reporting by The Guardian — World. This page summarizes the publisher's feed entry; the full article is on www.theguardian.com.

Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings

THE GUARDIAN — WORLD · Mark Sweney ·

Image accompanying: Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
Image: The Guardian — World

Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer service Business live – latest updates Virgin Media O2 is to cut thousands of jobs in an £800m cost-cutting drive as the telecommunications company aims to tackle its £22bn debt pile. VMO2, which is jointly owned by Liberty Global and Telefónica, said £300m of the savings target…

READ THE ORIGINAL AT THE GUARDIAN — WORLD ↗ MORE FROM THIS SOURCE

RELATED REPORTING