# Virgin Media O2 to cut thousands of jobs in £800m savings drive

https://mins.news/en/item/126769

- The Guardian, 2026-11-03 08:21 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/nov/03/virgin-media-o2-cut-jobs-cost-savings-telecoms-ai

> Virgin Media O2 plans to save £800m a year by 2029 through job cuts and other measures, as it seeks to address £22bn in debt. Layoffs are expected to account for £300m of the savings and could affect up to a quarter of its 16,000 employees. The company also plans to expand AI use in customer service, network planning and fault management.