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Browse our published reporting by date and region.

Finance

Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings

Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer service Business live – latest updates Virgin Media O2 is to cut thousands of jobs in an £800m cost-cutting drive as the telecommunications company aims to tackle its £22bn debt pile. VMO2, which is jointly owned by Liberty Global and Telefónica, said £300m of the savings target will come from job cuts that will reduce the company’s employee wage bill by 30% over the next two years. Continue reading...

The Guardian
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International

Sale of SFR: worried employees, new day of strike

Several hundred employees of SFR and subsidiaries of the parent company Altice France gathered Tuesday morning in front of the group's headquarters, called to strike to weigh on their conditions of recovery...

France 24
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