{"id":1047295,"date":"2026-11-05T11:04:18","date_gmt":"2026-11-05T05:34:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1047295"},"modified":"2026-11-05T11:04:18","modified_gmt":"2026-11-05T05:34:18","slug":"one-of-the-biggest-telecom-companies-in-uk-is-cutting-thousands-of-jobs-changes-fibre-network-expansion-plan","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/05\/one-of-the-biggest-telecom-companies-in-uk-is-cutting-thousands-of-jobs-changes-fibre-network-expansion-plan\/","title":{"rendered":"One of the biggest telecom companies in UK is cutting thousands of jobs, changes fibre network expansion plan"},"content":{"rendered":"<p>British telecoms giant Virgin Media O2 is set to cut thousands of jobs and pull back on its fibre expansion plans as it faces fierce competition in the UK broadband and mobile markets. The company, jointly owned by Liberty Global and Telefonica, announced Tuesday that it aims to save \u00a3800 million by 2029, as per a report by news agency Reuters. To hit that target, the company plans to slash its wage bill by 30%, with the bulk of the reductions focused on non-customer-facing roles. The report said that Virgin Media O2 currently employs around 15,000 people.<\/p>\n<p>The restructuring comes as the operator faces pressure from rival BT\u2019s nationwide fibre rollout, as well as dozens of smaller alternative networks (&#8220;alt-nets&#8221;) winning over subscribers with faster, lower-cost broadband connections.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British telecoms giant Virgin Media O2 is set to cut thousands of jobs and pull back on its fibre expansion plans as it faces fierce competition in the UK broadband and mobile markets. The company, jointly owned by Liberty Global and Telefonica, announced Tuesday that it aims to save \u00a3800 million by 2029, as per a report by news agency Reuters. To hit that target, the company plans to slash its wage bill by 30%, with the bulk of the reductions focused on non-customer-facing roles. The report said that Virgin Media O2 currently employs around 15,000 people. The restructuring comes [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,88,11],"tags":[],"class_list":["post-1047295","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1047295"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047295\/revisions"}],"predecessor-version":[{"id":1047297,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047295\/revisions\/1047297"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1047295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1047295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1047295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}