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The Fennark Chronicle

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business · The Guardian

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

Tuesday, November 3, 2026 · 12:34 PM

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

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 will come from job cuts

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