Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Broadband category. Published on November 3, 2026 • Originally reported by Mark Sweney. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Broadband category. Published on November 3, 2026 • Originally reported by Mark Sweney. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
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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 will come from job cuts that will reduce the company’s employee wage bill by 30% over the next two years.
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