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Virgin Media O2 to axe thousands of jobs in sweeping shake-up

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Virgin Media O2 to axe thousands of jobs in sweeping shake-up
Photo / Coverage: Sky News - Home
EXECUTIVE SUMMARY

The telecoms giant Virgin Media O2 (VMO2) is to axe thousands of jobs as it slashes its cost base amid investor concerns about its ability to service its £22bn debt mountain.

Key Takeaways

  • Virgin Media O2 to axe thousands of jobs in sweeping shake-up.
  • The telecoms giant Virgin Media O2 (VMO2) is to axe thousands of jobs as it slashes its cost base amid investor concerns about its ability to service its £22bn debt mountain.
  • The telecoms giant Virgin Media O2 (VMO2) is to axe thousands of jobs as it slashes its cost base amid investor concerns about its ability to service its £22bn debt mountain.

The telecoms giant Virgin Media O2 (VMO2) is to axe thousands of jobs as it slashes its cost base amid investor concerns about its ability to service its £22bn debt mountain.

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Published originally on Sky News - Home

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Thousands of jobs at Virgin Media O2 to be cut

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