Skip to content 
Virgin Media O2 is preparing to ax thousands of jobs as the UK telecoms giant launches a major cost-cutting shake-up.
Virgin Media O2 has confirmed it will ax thousands of jobs as part of cost-cutting measures to tackle its billions of pounds of debt.
The telecommunications giant, VMO2, jointly owned by Global and Telefonica, plans to offload a chunk of its 16,000-strong workforce, with thousands potentially up for redundancy in the coming months.
According to Sky News, the decision comes amid investor concerns about the company’s £22bn debt.
This is a breaking news story. You’ll be more likely to see our stories when any big news breaks in the future simply by clicking on this link . You can also join The Mirror’s WhatsApp community or follow us further Google News , Flipboard , Apple news , TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube in the Threads – or visit The Mirror homepage .
