Thousands of Virgin Media O2 jobs at risk amid debt and tougher competition
VMO2 highly likely to announce end to fibre investment after halting upgrades to ease £27bn debt concerns
Thousands of Virgin Media O2 staff face redundancy risk as the broadband provider grapples with billions of pounds in debt and tougher competition from BT and smaller providers. Sky News reports that most affected staff will be in non-customer-facing roles.