Virgin Media O2 is reportedly planning significant layoffs as part of a broad restructuring initiative. The company aims to reduce operating costs through these measures. Approximately 4,000 employees, or about a quarter of its workforce, may be affected. These redundancies are expected to primarily impact non-customer-facing roles. The company has not officially confirmed these plans.
London, United Kingdom
https://www.ndtvprofit.com/business/virgin-media-o2-layoffs-up-to-4-000-jobs-at-risk-in-major-restructuring-report-says-12263534