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Virgin Media O2 cutting thousands of jobs in cost savings overhaul

The IndependentVirgin Media O2 cutting thousands of jobs in cost savings overhaul
Image: The Independent

What the coverage says

Virgin Media O2 is undertaking a major overhaul to achieve annual savings of £800 million by the year 2029. The Independent reports that £300 million of these savings will stem directly from reductions within the company's 16,000-strong UK workforce. The Guardian adds that up to a quarter of that total workforce could be eliminated as the telecommunications group expands its reliance on artificial intelligence, particularly within customer service operations.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on The Independent

Timeline

  1. The Independent first reported it
  2. The Guardian reported it
  3. Latest update
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