{"id":48610,"date":"2026-10-31T12:14:01","date_gmt":"2026-10-31T12:14:01","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=48610"},"modified":"2026-10-31T12:14:01","modified_gmt":"2026-10-31T12:14:01","slug":"virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/10\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html","title":{"rendered":"Virgin Media O2 set to cut thousands of UK jobs as part of cost cutting"},"content":{"rendered":"<p>A new news report has this morning claimed that broadband and mobile giant <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/vm\" rel=\"nofollow\" target=\"_blank\">Virgin Media<\/a> and <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/o2uk\" rel=\"nofollow\" target=\"_blank\">O2<\/a> (VMO2) are allegedly preparing to cut thousands of UK jobs. The somewhat expected move appears to form part of the company&#8217;s long rumoured <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\">c.\u00a3600m cost cutting<\/a> drive to help ease pressure from their c.\u00a322bn debt mountain and falling bond prices.<!--more--><\/p>\n<p>According to <a href=\"https:\/\/news.sky.com\/story\/virgin-media-o2-to-axe-thousands-of-jobs-in-sweeping-shake-up-13606062\" target=\"_blank\" rel=\"noopener\">Sky News<\/a>, &#8220;<em>sources close to the company<\/em>&#8221; have indicated that details of VMO2&#8217;s financial cost-reduction target will be revealed early next week as part of the operator&#8217;s latest quarterly results, although this is not currently expected to include a final figure in headcount terms. But some insiders reportedly expect that as many as 4,000 jobs could be axed.<\/p>\n<div class=\"bq2\"><strong>NOTE:<\/strong> VMO2 currently employs around 16,000 people across the UK.<\/div>\n<p>Trade union officials at the <a href=\"https:\/\/www.cwu.org\" target=\"_blank\" rel=\"noopener noreferrer\">Communications Workers Union<\/a> (CWU) and Prospect are understood to have been briefed on some of the impending transformation plans. Changes are also expected for the company&#8217;s existing chain of contractors and suppliers as the operator looks to cut costs in other areas too. VMO2 has declined to comment.<\/p>\n<p>The development comes shortly after it was revealed that <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/vm\" rel=\"nofollow\" target=\"_blank\">Virgin Media<\/a> were looking to expand the reach of their full fibre broadband network by <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/10\/virgin-media-to-harness-openreachs-full-fibre-to-extend-uk-broadband-reach.html\">harnessing Openreach&#8217;s fibre<\/a>, which also indicated that their existing network build and upgrade programmes could be shelved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new news report has this morning claimed that broadband and mobile giant Virgin Media and O2 (VMO2) are allegedly preparing to cut thousands of UK jobs. The somewhat expected move appears to form part of the company&#8217;s long rumoured c.\u00a3600m cost cutting drive to help ease pressure from their c.\u00a322bn debt mountain and falling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31875,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[472,32,475],"class_list":["post-48610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-business","tag-o2","tag-virgin-media"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/117535469974396282","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Virgin Media O2 set to cut thousands of UK jobs as part of cost cutting - ISPreview UK<\/title>\n<meta name=\"description\" content=\"A new news report has this morning claimed that broadband and mobile giant Virgin Media and O2 (VMO2) are allegedly preparing to cut thousands of UK jobs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/10\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virgin Media O2 set to cut thousands of UK jobs as part of cost cutting - ISPreview UK\" \/>\n<meta property=\"og:description\" content=\"A new news report has this morning claimed that broadband and mobile giant Virgin Media and O2 (VMO2) are allegedly preparing to cut thousands of UK jobs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/10\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html\" \/>\n<meta property=\"og:site_name\" content=\"ISPreview UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ispreview\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/ispreview\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-31T12:14:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/08\/nggallery_import\/Virgin-Media-O2-Engineer-Outside-Cabinet.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1033\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Jackson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ispreview\" \/>\n<meta name=\"twitter:site\" content=\"@ispreview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Jackson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html\"},\"author\":{\"name\":\"Mark Jackson\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#\\\/schema\\\/person\\\/de66a8b4e937c21c80e443d1bf9c35d5\"},\"headline\":\"Virgin Media O2 set to cut thousands of UK jobs as part of cost cutting\",\"datePublished\":\"2026-10-31T12:14:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html\"},\"wordCount\":241,\"commentCount\":65,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/nggallery_import\\\/Virgin-Media-O2-Engineer-Outside-Cabinet.jpg\",\"keywords\":[\"Business\",\"O2\",\"Virgin Media\"],\"articleSection\":[\"ISP News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/10\\\/virgin-media-o2-set-to-cut-thousands-of-uk-jobs-as-part-of-cost-cutting.html\",\"name\":\"Virgin Media O2 set to cut thousands of UK jobs as part of cost cutting - 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