Virgin Media O2 plans to cut up to 4,000 jobs in a major restructuring

Updated 2026-11-03 · told from many outlets at once

Virgin Media O2 plans to save £800 million yearly by 2029, cut thousands of jobs using AI, and has over £22 billion in debt.

• Virgin Media O2 plans to slash costs by around £800 million a year by 2029.
• Virgin Media O2 will cut thousands of jobs in a cost-saving program using AI.
• Virgin Media O2 has a debt pile totaling more than £22 billion.

Outlets: ABC Color, Evening Standard, MyJoyOnline, RTL Today, Sky News, The Guardian

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