BusinessPhoto: Business StandardVirgin Media O2 Plans Up to 4,000 Job Cuts in Cost Reduction
Virgin Media O2, jointly owned by Liberty Global and Spain's Telefonica, plans to cut up to 4,000 jobs out of its 16,000 employees as part of a major cost-cutting effort. Most cuts will affect non-customer-facing roles. The company is also reviewing contractor and supplier usage to reduce costs amid efforts to manage its £22 billion debt and save around £600 million.
Business Standard·



