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Daily Mirror
Daily Mirror
National
John Siddle

Virgin Media O2 is set to axe hundreds of staff despite surge in revenues

Hundreds of staff are being axed by the country’s biggest telecoms firm despite its revenues surging to £2.6billion.

Virgin Media O2, which employs around 16,000 people, has put workers on redundancy alert.

Unions said the broadband and mobile network operator sent out letters last week. Sources suggest 800 to 2,000 will go.

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