What to know

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• The bulk of the savings – about £300 million – will come from job cuts among its 16,000-strong UK workforce.S2
• UK’s second-largest broadband provider to slash staff costs by 30% by 2029S3
• Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer serviceBusiness live – latest updatesVirgin Media O2 is to cut thousands of jobs in an £800m cost-cutting drive as the telecommunications compa...S4
• The company said the bulk of the cost savings – about £300 million – will come from job cuts in the UKS5