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PRIVACY
Retail & Consumer

TalkTalk puts 100 jobs at risk just weeks after PXC restructuring

Salford group says change 'necessary' to create 'agile and future-focused organisation'

The Soapworks building, the HQ of TalkTalk

Consumer telecoms giant TalkTalk is planning to axe up to 100 jobs just weeks after a restructruring was announced at its sister firm.

Salford-based TalkTalk has begun a consultation process it says could affect up to 100 employees as it looks to "create a more focused, agile, low cost and dynamic business in an evolving marketplace".

Business telecoms firm Platform X Communications (PXC), also part of the wider Talk Talk Group, last month said some 350 roles were at risk in a restructuring that would also see 70 new roles created.

The latest proposed cuts will affect TalkTalk's office in London as well as its head office in Salford Quays, its base since 2019.

A spokesperson for TalkTalk Group said: "Over the past 18 months, we have been transforming how TalkTalk Group operates, invests, and serves its customers. The proposed changes to our consumer business are a necessary part of that journey, creating a more agile and future-focused organisation that can deliver innovation and improved service for our customers."

Sir Charles Dunstone founded TalkTalk in 2003 as a subsidiary of Carphone Warehouse. Sir Charles is a major investor in the group and remains its executive chairman.

Over the past 18 months the Talk Talk group has separated PXC and TalkTalk into standalone companies. It has also raised some £350m, from shareholders and in debt facilities, which it says will help it to invest in new technology and services.

In June it was reported that BT was considering a deal for the group, while last month, Sky News reported the group was considering separate sales of PXC and TalkTalk.