TalkTalk plans job cuts affecting 130 staff at Salford headquarters

manchestereveningnews.co.uk

TalkTalk is considering job cuts that could affect around 130 of its 530 consumer staff, nearly 25%. This includes positions at its Salford headquarters. The company will pause the redundancy consultation for two weeks over Christmas. The potential layoffs follow a recent demerger of TalkTalk's main operating business into three separate companies. TalkTalk has faced financial challenges and warned of possible insolvency by August 2024 unless it secures new financing. Despite the job cuts, TalkTalk stated there will be no impact on customer services. The company is working to simplify its operations and improve its business model amid rising costs and competition.


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TalkTalk plans job cuts affecting 130 staff at Salford headquarters | News Minimalist