Virgin Media O2 to cut its payroll by a third as customers drop
Swinging changes at Virgin Media O2 will see thousands of job cuts and a halt to investment in further fibre upgrades beyond its existing commitments to partners.
The cuts are being made throughout the business, including at Executive Committee level where Consumer CEO, Lyssa McGowan, who joined recently after a turbulent year as CEO of Pets at Home, will bring together the previous commercial and operations areas of the business under her leadership.
Lutz Schüler, CEO of Virgin Media O2 insisted the business “must evolve... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
