Overview
- The consultation covers roles across the Salford headquarters and the London Finsbury Square office.
- This follows a recent restructuring at wholesale arm PXC that put about 350 roles at risk.
- Company filings show a widening pre-tax loss to £465 million in the year to 28 February 2025, with revenue falling to £1.41 billion.
- TalkTalk shed about 420,000 broadband customers over the year, including 277,000 from the consumer unit.
- Recent funding support included roughly £120 million this summer after a prior £235 million shareholder injection, while reports say PJT Partners is advising on a strategic review that could consider a break-up.